Houston Property Sales and Prices Maintain Third Straight Month in the Black in November
January 13, 2010 by William Woodard · Leave a Comment
Keeping up with the Real Estate market is my business. Here is a video from the Houston Association of Realtors sharing a market report.
HOUSTON — (December 15, 2009) — The effects of Hurricane Ike and simultaneous economic downturn affecting Houston’s real estate market in November 2008 continue to distort year-over-year comparisons which reflect yet another month of double-digit increases. However, longer-term analysis aimed at gleaning a more realistic view of market conditions shows November 2009 real estate activity to be comparable to that seen at the cusp of the recession, in the fall of 2007.
November marked the third straight month in which property sales volume and pricing recorded gains. According to the latest monthly data compiled by the Houston Association of REALTORS® (HAR), November volume of single-family home sales across the greater Houston area rose 32.8 percent compared to November 2008. Total property sales climbed 37.1 percent in November on a year-over-year basis.
To read article story click here
William Woodard
Sales Professional
J. Patrick Homes – Summerwood
281-743-0555
I have been apart of the new home sales and construction industry for most of my life. As a sales professional for J. Patrick Homes in Summerwood, I am proud to assist you with your new home purchase.
