Houston Real Estate Sales Climbed Again in December

Buttressed by a continuous improvement in the city’s employment rate, home sales in Houston rose for the seventh consecutive month in December.

Single-family home sales in the month across Houston hiked 7.2% from December 2010, according to the Houston Association of Realtors. In fact, every segment of the city’s housing market experienced positive sales activity except its luxury segment — those homes priced from $500,000 and above — which remained unchanged year-over-year.

Foreclosure property sales in Houston increased 6.1% in December compared to a year earlier. Foreclosures comprised 20.5% of all property sales in the month, consistent with the levels they maintained for much of 2011. December’s median price of foreclosures held steady on a year-over-year basis at $82,550.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Full Story from the Housing Wire

Click here for gay realtors, mortgage lenders, and other real estate professionals in Houston.

If you have a gay real estate story that you’d like to share with us, contact us at info@2016.gayrealtynetwork.com

Leave a Reply

Your email address will not be published. Required fields are marked *