Redfin has come out with its new predictions for the 2020 housing market with the expectations that bidding wars will return after an 18-month hiatus. What does that mean for the real estate market? Daryl Fairweather, Redfin Chief Economist stated: “Low mortgage rates started to revitalize the market at the end of this summer, but we won’t see their full …
In the past 12 months, home prices have roughly risen by 12%. This upward direction is a trend which goes as far back as the past 24 months, and is expected to continue in the upcoming months. Only this time, the rise will be around 10% and not the previously recorded value of 12%. Once a few months have passed, …
Since real estate transactions throughout the greater Houston area never slowed down during the traditional quieter winter months, it’s difficult to tell that the spring home buying season has started. March marks the 22nd consecutive month of positive home sales for Houston. This is due to the addition of almost 119,000 jobs over the past 12 months, which resulted in …
