The Houston residential real estate market remains a buyer’s market. Oil prices continue to plunge and the pandemic lingers in the area, leading home prices to remain stagnant. Furthermore, Zillow predicts home values will drop in the coming months, but the annual real estate appreciation rate amounts to 4.61 percent, as reported by NeighborhoodScout.com. As a result, Houston lands in the top ten percent nationally in terms of real estate appreciation. —
“Individuals looking to buy or sell a home need to consider the fees when doing so. Buyers find they save money when they use a flat fee realtor and the same holds true for sellers. Many individuals in the Houston area turn to Client Side Realty to save these funds and keep more of their own money,” Jacob Jones, spokesperson for Client Side Realty, explains.
Real estate transactions ground to a halt because of the pandemic, but the market is coming back. In May, stay-at-home orders related to COVID-19 ended, and this led to a surge in closings during the month of June. Actually, home sales rebounded to the point they are now at normal summer buying season levels. This shows people want to come to Houston and live, and the pandemic will not hold them back.
“Homebuyers purchased many homes in the $250,000 to $500,000 range in the past few months, which lead to a 28.3 percent increase year over year. Homes priced between $500,000 to $750,000 jumped 18.6 percent as well. Anyone looking to purchase in the area should contact our team at Client Side Realty, and our team stands ready to help every client find the perfect home for their needs,” Jones continues.
New listings decreased several weeks in a row, and this may be because of spikes in coronavirus numbers. Experts believe the same holds true for pending sales. Although they remained strong even as new listings declined, buyers and sellers continue to watch coronavirus figures to see whether now is the time to buy or sell.
“If you are looking to buy or sell a home in Houston, contact us today. We help clients complete their real estate transaction while keeping more money in their pocket. Imagine using the money saved to go on a vacation or decorate the new home. The ideas are endless, and every person decides what they want to do with this savings. Client Side Realty is here to help, so give us a call today,” Jones declares.
About Client Side Realty:
Client Side Realty is an agency of experienced and knowledgeable professionals dedicated to client satisfaction. A successful track record of satisfied clients attests to the fact that helping to achieve their client’s real estate goals is Client Side Realty’s primary objective.
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