Market trends, preferences, and strategies to win in the Houston market.
It has been a challenging few years for the real estate industry. There were several market downturns over the past two years and we’ve seen interest rates go up causing a slowdown in transactions. Throughout this period, we’ve seen unusual patterns in housing appreciation and sales activity, deviating from the typical seasonal real estate trends. Amidst these challenges, there are still small wins like a slight drop in interest rates and opportunities for buyers and sellers who are well-prepared.
You can listen to the whole midsummer market update in the video above or skip to a topic that interests you by using the timestamps below:
0:00 — Mid-summer market update for Houston
0:09 — Recent drop in interest rates
0:23 — Historical market trends and cycles
1:41 — Current market conditions (2024)
2:14 — Seasonal patterns in real estate activity
4:15 — Regional market differences (e.g., Houston vs. Austin)
4:52 — Factors affecting home prices (insurance, property taxes, home values)
5:01 — Advice for buyers and sellers in the current market
6:05 — Impact of the upcoming election on the real estate market
6:38 — Buyer preferences and expectations
7:48 — Current selling season and inventory levels
8:06 — Negotiation dynamics in the current market
8:38 — Reach out to us if you want to buy or sell your home
If you have any questions related to real estate, or if you are planning to buy or sell, give us a call at (832) 334-2671 or send me an email at tricia@triciaturnerproperties.com. Let us guide you in the right direction to reach your real estate goals.
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