Tag Archives: Tom D Plant

21 May
Houston’s Homebuying Bonanza Shows No Let-up In April

According to the latest monthly report prepared by the Houston Association of REALTORS® (HAR), home sales surged 27.2 percent compared to last April, accounting for the 23rd consecutive month of positive sales. Housing inventory, which reached a 13-year low of 3.6 months during the first two months of the year and dipped to 3.5 months in March, dwindled even further in April to 3.4 months.

02 May
Early Look At April Home Sales in Houston – Exceptionally High Sales Make April 23rd Consecutive Month of Increased Sales

April will prove to have been a barnburner for home sales in Houston! My early analysis of available data from The Houston Association of REALTORS® (HAR) indicates that the number of single family homes sold in April will show an exceptional increase and make April the 23rd month in a row with increased home sales when compared

19 Apr
Houston Inventory of Homes Critical Factor In Market Performance

You may like some practical views of how tight the inventory actually is. We have had a consistent decline in inventory over the past 22 months. In May 2011 the inventory of single family homes was 33,111 at the end of March 2013 the single family inventory was 18,760, a 43% decline. During this same period, the annual rate of sales increased from 50,065 in May 2011 to 64,521 in March 2013, a 29% increase.