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CW Ross

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Keller Williams Realty Southwest
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Houston Real Estate Market VS. Low Oil Prices

February 20th, 2016


The Houston Real Estate market remains stronger than most people expected. With oil prices being so low, conventional logic would dictate less demand, and therefore higher inventory and a softer market. That might be the case in some areas for the high end properties, but we are experiencing very short days on the market and multiple offers on homes under $1M that have current improvements and are turnkey. This is especially true on properties priced under $350K. 1 story homes are in especially short supply as are homes with nice pools. In my opinion, our glorius spring like weather could be a contributing factor!


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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Keller Williams Realty Southwest
1650 US Highway 6 Suite#350, Sugar Land, TX 77478   Get Directions
Phone: (281) 265-0000
Fax: (281) 265-0123
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