By Kim Buish

HOUSTON – Are you searching for information on Houston Texas Real Estate? If so, you’ve come to the right place

The Real Estate market is hot in Houston, and nationwide right now. Thanks to the recent CoreLogic Home Price Index Report, and data from har.com, we know that home prices nationwide enjoyed HUGE growth in May 2015 as they saw an increase of 6.3 percent year-over-year.

May 2015 Houston Real Estate Market Statistics:

Total Property Sales – 8,278

Dollar Volume - $2,273,177,479

Total Active Listings – 30,550

Single Family Home Sales – 6,807

Average Sales Price for a Single Family Home - $292,040

Average Medium Sales Price for a Single Family Home - $223,000

Single Family Home Inventory – 3.1 Months

When you combine the growth that we’ve seen with home prices, and historically low mortgage interest rates, which continue to remain at 4.5 percent, or lower, now is a great time to buy Houston Texas Real Estate but what can we really expect from the Real Estate market as we approach the summer months?

Multiple Offers

If you plan on selling your Home you can expect multiple offers on your home since Houston currently has a housing inventory of about 3.1 months (source Har.com) and with more people back from their summer vacations there will be an increase in buyers who want to purchase homes before the start of the next school year.

Tip for Buying a Home This Summer

Although the Houston Texas Real Estate market may be hot this summer, like the weather, don’t let market statistics and competition from other buyers stop you from buying a Houston Texas home.

Here are some tips you can use to find the home that you’re looking for and have the winning bid on a home:

Tip 1 – Define what type of home you’re searching for BEFORE you start looking. This should include bedrooms, bathrooms, square footage and area you want to live in Houston.

Tip 2 – Get pre-approved for a mortgage loan so you know the exact amount of money you are qualified to spend on a property.

Tip 3 – One you start searching for homes don’t be afraid to submit a letter to the homeowner with your offer because, this shows them that you are a real person and they may be able to connect with you on some level.

Buy Houston Texas Real Estate

To get started with buying Houston Texas Real Estate contact me, today by calling (713) 819-1642 or click here to connect with me online.