Home Prices Rise, Squeezed by Fewer Listings: Best Time in Houston,Tx?

Houston, Texas real estate market has been heating up. As per S&P CoreLogic Case-Shiller 20-city home-price index, home prices increased by 0.5% in March compared to the previous month. But do you know why is this happening?

The Primary factor is an imbalance between housing supply and demand. Right Now, there are not enough listings on the market to meet the buyer demands, making buyers to compete for those limited properties and rising home prices up. This trend has been seen all across the country – (particularly strongly felt here in Houston).

for "the potential buyers" who want to make a move: With prices on the rise, This may be a good time to buy. Buyers who get in now could benefit from having an affordable home with the potential for future appreciation. On the other hand, it’s important to consider all of the options and weigh the pros and cons carefully before making a decision, As there is no one-size-fits-all solution and each buyer must make their own informed choice.

No matter what position you are in, it’s always the best to stay on top of the ever-changing real estate market.

By understanding current trends and exploring different options, buyers can find the perfect property that meet their needs – whether they choose to buy today or later!

Hello! 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!