Is the Houston real estate market doing well right now?
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Is the Houston real estate market doing well right now?I hear that texas is weathering the real estate recession better than most metropolitan areas. Is this really true? Read the Answers | Post Your Own Answer
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 | In comparison to the rest of the US the Houston and real estate market is doing extremely well. Here is a thead on our sister site that talks about the Dallas Real Estate market in 2009. |
Answered by HTRE Admin on April 19, 2009: Profile
 | Recent Houston real estate market reports show that home sales are down in early 2009 compared to the first quarter of 2008. House values currently appear to be holding steady, but with inventory increasing and an increase in forecloses, prices are likely to fall. The worst is possibly still to come, as more people struggle with Option ARM and AltA mortgages still coming due. |
Answered by The RS Expert on April 19, 2009
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