Houston Real Estate Market VS. Low Oil Prices
Posted by CW Ross
Visit My Blog
The Houston Real Estate market remains stronger than most people expected. With oil prices being so low, conventional logic would dictate less demand, and therefore higher inventory and a softer market. That might be the case in some areas for the high end properties, but we are experiencing very short days on the market and multiple offers on homes under $1M that have current improvements and are turnkey. This is especially true on properties priced under $350K. 1 story homes are in especially short supply as are homes with nice pools. In my opinion, our glorius spring like weather could be a contributing factor!
If you enjoyed this post, please consider sharing it with others.
Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
Advertisement
CW Ross’s Blog Archive
Advertisement
Saved
