Which Way Is the Value of Your Home Headed?

Houston Real Estate Podcast with Dale Ross

11/21/16 • -1 min

Considering Buying? GO HERE to perform a Full Home Search, or if you're a prospective seller, CLICK HERE to receive a Free Market Analysis. For any other questions, feel free to call me at (281) 599-6575, or shoot me an email at [email protected].

One of the most frequent questions I get these days is if we are in a buyer’s market or a seller’s market in Houston. The answer is, we are actually in a balanced market.

Whenever you’re in a balanced market, you’re never really even-keeled. Typically you’re trending one way or another; toward a seller’s market or a buyer’s market. The Houston real estate market is currently trending toward a buyer’s market.

This means we have more sellers than we do buyers. Right now we have about 6.5 sellers for every buyer out there. Typically when you get to about a five month supply of homes for sale - which we’re easing towards right now - it turns into a full-blown buyer’s market.

11/21/16 • -1 min

Generate a badge

Get a badge for your website that links back to this episode

Select type & size

Copy