Houston is stronger than ever!!! - Did you see HAR Report?

[Vijaianand Thirunageswaram]

Did anyone check out the news from HAR release few days ago? 

The Houston Real Estate market rose to record territory in June, as we saw the greatest one-month sales volume of all time and sent average and median prices to new highs

If want to see full report, here you https://www.har.com/content/newsroom?pid=1548

What do you all think about it?  

I know immediately what are all the questions popup in  investor minds.

• Do you think it's still market to invest? 
• Do you think you can still find deals in this market?
• Is it going to highly priced and competitive?

Let's talk about it people.  

My answer, yes, it's very good market to invest. On the Real estate cycle, we are closing in on the Stage 6, Late Stable stage and will hit the peak soon. Recession is expected around 2020-2022. It might not be due to Real Estate but it will have some parallels and when we get their, we will be at the peak and drop down depending on the effects of recession. But we still have long way to go. 

There are still good deals out there depends on how you look at it. But it's surely competitive when the deal is right!! You just have to jump on it quickly.

What's your thoughts?