Inventory Challenges Continue

Dated: 05/27/2017

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Inventory Challenges Continue...

Some Highlights

  • After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories. 

  • Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800. 

  • New home prices slowed as builders have started to turn their focus toward single family, smaller homes.



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Russell Banki-713-480-0889 (ALHS) Accredited Luxury Home Specialist (CNE) Certified Negotiation Expert Best Priced Properties LLC Certified Expert Home Buying and Selling Advisors. (CHSA)(CHBA) Ask us about our Smart Home Buying and Selling Strategy. CALL OR TEXT. As local real estate experts in The Woodlands, Spring, Shenandoah, Magnolia, Montgomery, Conroe and Greater North Houston/Houston Metro areas we can save you valuable time & money! Contact us today. It would be our pleasure to help you with all your residential/commercial buying, selling or investment needs. Client First! We believe our clients should feel confident and benefit when purchasing and selling real estate!Sponsored by Hite Properties Brokerage

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Russell Banki REALTOR

REALTOR Direct line 713-480-0889 Best Priced Properties LLC Sponsored by Hite Properties Brokerage Montgomery County Real Estate Experts Client First! We believe our clients should feel confid....

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