Is Real Estate in Houston, Texas, on the Decline?

If you're thinking about buying or selling a house in Houston, Texas, you may be wondering if now is the right time to make your move. House prices have been steadily rising over the past few years, but recently there has been much speculation about whether or not prices are on the decline.

• The truth is that it depends on which area of Houston you're looking at. Real estate trends can vary from neighborhood to neighborhood and even street to street. In general, though, overall home values in Houston are still going up—just not as fast as they used to be. The good news is that this means buyers may have some more room to negotiate when it comes to price.
• However, some neighborhoods have seen prices drop, so it's important to research the area you're interested in thoroughly before making any decisions. Real estate agents can help you get an accurate picture of current market conditions and can provide data on recent sales that may help you make a more informed decision.

Ultimately, whether or not house prices are going down in Houston is something that only time will tell. The best advice we can offer is to continue researching the market and take your time when deciding whether now is the right time for you to buy or sell.
I'm Jay Thomas, a REALTOR in Houston, Texas. Chances are you and I share a similar passion, Real Estate! I also have a passion for building businesses, working out, inspiring others, technology, sports, and people. Connect with me on Facebook and Instagram!