Houston Market Update
⬆️ Watch the video to find out how the Houston real estate market is doing! ⬆️
Months of inventory signifies the demand that is on the market. Nationally it is at 2.5 months of inventory, and locally it is at 2.4. It has not been that low since December of 2014.
Forbearance is not a luxury, it is a delay in payment that will come due in full or possibly in installments depending on the lender. We do not recommend that you go into forbearance unless you absolutely have to. However, forbearance affected a far lower amount of homeowners than initially expected.
Due to the rising home prices 91% of homeowners have at least 11% equity in their property. A lot of people will still be able to sell their homes without having to go into foreclosure.
Contact us today for a market evaluation of your home, or to schedule a showing. [email protected] | 281-785-1456
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