Written by theblog on December 30, 2009 – 3:16 pm
Houston is poised to have high sales in December 2009, too. The $8000 first time home buyer credit coupled with low interest rates and a market full of homes will drive December 2009 above December 2008. Area real estate agents discuss the market in a recent Houston Chronicle article. Although financing remains tight, a person [...]
Written by theblog on December 30, 2009 – 3:04 pm
Houston had 5062 homesales in November 2009. This is the lowest number of homesales seen in the city since April 2009’s 4615; however, it is a huge spike from November 2008. Last November only 3731 homes sold in the city. This November is up 36 percent over its 2008 counterpart. This is the third month [...]
Written by theblog on December 4, 2009 – 2:21 am
The biggest jump in price category quantity continues to be seen with extremely low priced homes, i.e. homes under $70,000. All these price points show higher percentages of homes than they did in 2008; however, the number of homes sold pales in comparison at every price point to 2008.
Houston
Price Range
Percent Distribution
# of Sales
2008
2009*
2008
2009*
Change
$29,999 [...]