As our Houston economy bulls forward, construction cranes come down and thousands of new neighbors, family and friends in-tow, begin to pour to work, live and play in shiny new office buildings, hip restaurants and retail centers, we expect demand for housing to surge forward, pushing 2015 prices and opportunity upward. There will be winners and losers.
Total year-to-date sales trail last years ever so slightly, supply and demand factors continue to press home prices higher and keep The Woodlands real estate market padlocked in a strong seller’s-market mode.
Contracts written in November jumped higher than last years November total and inventory (selection) is way better today than last year. We’re seeing more buyer activity than last year because of inbound corporate relocation and people wanting to buy now before prices go higher in 2015.