REAL ESTATE TODAY, DECEMBER 17, IN A NUTSHELL
December 17th, 2013
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HOUSTON — (December 17, 2013) — Houston home sales recorded a 30th straight month in positive territory in November, with buyers plunging inventory levels to an all-time low. The supply of homes fell to 2.9 months of inventory compared to 4.1 months in November 2012. Throughout 2013, inventory has dwindled from a 3.6-month supply in January to a 3.1-month supply in October, as more homes were being snapped up than were listed for sale.
Our market is still great for buyers (because of the low interest rate) and for sellers because they are getting top $ for their property in the shortest amt. of time, on the market.
So if you're wanting to sell or buy, please call MARY ANN LIPSEY today and let's get started!
281-723-8200...or e-mail me maryannlipsey@ymail.com
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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®
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