Housing Recovery Underway
According to the June 2012 June 2012 Re/Max National Housing Report the housing recovery is in full swing. Signs of a real estate recovery include lower inventory, higher sales prices and fewer days on the market. The report say home prices were up 6.1% in May, homes sales increased 12.8% year to year and inventory levels dropped 26.6% over last year’s figures. This is great news for the real estate market nationwide.
If you’ve been thinking about buying or selling a Houston home, don’t wait. Rates are still at historic lows and there are some great deals out there.