Real estate market activity is usually reduced during the fall and winter month, but the transactions in the Houston market kept strong during the month of November.

During this month, pending home sales saw an 1.7 percent increase from October, with a 106.4 index, according to a report by the National Association of Realtors. A 100 marker indicates an activity level that happened when the keeping of records started, which was previous to the collapse of the housing market in the U.S.

In a year-by-year basis, the pending home sales rates have increased during 19 consecutive months, according to the NAR report.

"Even with market frictions related to the mortgage process, home contract activity continues to improve," said NAR chief economist Lawrence Yun. "Home sales are recovering now based solely on fundamental demand and favorable affordability conditions."

The Houston real estate market never really experienced a complete slowdown as other regions of the nation, which has occurred during the last years. During November, there was an estimate of 5,891 sales in the Greater Houston area, which includes homes in The Woodlands, which translates in a 27.9 increase from last year.

For more information about homes in Houston and The Woodlands, please call realtor Luis Tamborrel at (832) 482-9367.

Hablamos Español y contamos también con información sobre casas en Woodlands, comuníquese al al 55.4991.4933 o Nextel 72*13*9814 desde México.

Source: National Association of Realtors