Whether they’re still weary of going to a gym full of people or just looking to work off those extra pandemic pounds in privacy, homebuyers are increasingly prioritizing home exercise rooms.
As Houston’s luxury home market stays red-hot, nine Houston buyer’s agents helped clients purchase the 10 most expensive homes in April priced up to $7,450,000.
“Your buyers and sellers need to know the value of hiring you as their Realtor.” — By Jessica Escamilla, president of the Houston Women’s Council of Realtors
“This is a sign that the competitive purchase market, driven by low housing inventory and high demand, is pushing prices higher and weighing down on activity.” — Mortgage Bankers Association Associate Vice President of Economic and Industry Forecasting Joel Kan.
As housing demands hold steady and home prices rise, the number of new listings, pending listings, closings and showings were up compared to this time last year.
With the lowest level of inventory in nearly 40 years, the 2021 spring market has homebuyers facing a level of competition not seen in a generation.
A combination of a lack of inventory for low-priced homes, aggressive shopping among high-end homes and historically low interest rates led to a surge in the sales of single-family homes in March.
“A credit report and credit score are the gateway to a mortgage,” — NAR President Charlie Oppler.
The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.
Who had the 10 most expensive deals in the Houston area in March?