Houston real estate is currently experiencing a resurgence in popularity. While most of America is still wading through the housing slump, real estate in Houston is picking up steam. Sales of single-family homes has been increasing over the past few months and in May 2010 6,659 homes were sold in the greater Houston area. The Houston Association of REALTORS® (HAR) predict that this increasing demand will continue due to strong value for price paid, low foreclosure rates, low interest rates, and good tax incentives offered.
Due to the increasing demand for homes in Houston, one would assume that the prices would go up as well. While the average price for a Houston home is slightly higher than the national average, it has remained relatively steady at around $209,920.
There are several options available for the homebuyer that can assist in the process of buying property in Houston, including desirable River Oaks real estate. John Daugherty, Realtors has real estate experts always ready and willing to help a buyer find their perfect property. An agent at John Daugherty, Realtors can help a buyer navigate the complex ins and outs of the home buying process in Houston’s strong real estate market.
Since 1967, john Daugherty, Realtors has been the #1 company in the most sought-after neighborhoods and communities of the Houston real estate market. You can search all homes for sale in Houston at Johndaugherty.com.