Houston sellers still have prices they can defend. What they increasingly need is a convincing reason buyers should choose their property. The Houston Association of Realtors reported 7,030 single family home sales in September, down 5.7% from a year earlier. Its October 14 release showed inventory rising to 5.5 months from 5.1 months, not the six months circulating in the proposed headline. Active single family listings reached 40,192, up 6.3%. Pending listings fell 11.6%, while average time to sell increased…
MarketTexas
Houston Home Sales Fell 5.7%. Sellers Can’t Hide Behind Steady Prices.
