With all the negative attention the Real Estate market is getting around the nation you would assume Houston is in the same boat. That is NOT TRUE! While the area is experiencing it's share of foreclosures and pockets of home value decline, overall Houston is a strong market. Due in fact to Houston being ranked #1 for most affordable housing among the top 25. The U.S. Census Bureau ranks Houston as the top housing market in comparison to other cities nationwide. #1 in job growth Houston is experiencing a strong Commercial market as well. Consider the facts: prices are competitive, interest rates are very affordable, there are plenty of homes, buildings and land in all price ranges to choose from and sellers/home builders are ready to bargain. For more facts on Houston see www.houstonfacts.org. Houston Association of Realtors reports:
Houston Real Estate Milestones in October
Second highest average single-family home sales price for an October ($194,607);
Highest average townhouse/condominium sales price for an October ($161,428);
Second highest median townhouse/condominium sales price for an October ($129,000);
Lowest month's inventory of single-family homes since March 2008 (6.3 months).
Houston/Galveston Area has The SOLD... by George Team, a team built upon the foundations set out by Keller Williams Realty to create a positive environment for families to help families. The base that we are built off of comes from the idea of God, family, then career. Our team is passionate about giving our clients the best service with a professional approach and positive results. From the Gulf Coast to the Golf Course it's SOLD... by George! Our team has market knowledge in the Houston area extending all the way down to the Galveston area. We have a variety of real estate services to meet the needs of our clients stretching from Residential to Commercial markets. For more information on the markets and about Houston check out our website www.soldbygeorgeteam.com
While Galveston continues to rebuild from Hurricane Ike we will continue to stand behind their efforts and support their process to recovery. The property there will still be a value for years to come once much has been restored.
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