Posted in General

Houston No. 1 U.S. RE Market in 2013

houston 2Houston has just been recognized by Trulia (12/21/12) as the Healthiest Real Estate Market in the US for 2013 due to strong job growth, and low resale and low foreclosure inventories.

As you can tell from the above graph -published by the Houston Association of Realtors in its 12/18/12 report- prices have risen steadily in Houston even from 2007.

Four of the top 10 healthiest markets are in TX:

1. Houston, TX
2. San Francisco, CA
3. Bethesda-Rockville-Frederick, MD
4. San Antonio, TX
5. Austin, TX
6. Seattle, WA
7. Omaha, NE-IA
8. Peabody, MA
9. Forth Worth, TX
10. Louisville, KY-IN

Going back to the above graph, let’s pay attention to the black lines that represent the lowest prices for a certain year, and the red vertical lines that represent the peak prices for that given year.

You can verify that the lowest prices occur just at the end of every year, and the peak prices around June every year. As you can see, we can be certain that prices will continue to increase from now on until they reach their peak in June 2013. Therefore, do not wait any longer, and make your move now, as prices will continue their strong correction.

According to Trulia, these 10 markets should set the pace as the national housing market continues to return to health next year.

If you want to read the entire article, please click here.



Thank you for being here. I'm a Real estate agent with Keller Williams Signature.I hope that you can visit my website whether you are looking for homes for Sale or buy or just as a source for real estate information.

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