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October 2011: Fifth Consecutive Month of Positive Home Sales in Houston

November 16, 2011
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Real Estate in Houston continues to show enduring growth!

According to the Houston Association of Realtors, October 2011 marks the 5th consecutive month of positive home sales in Houston. Along with positive home sales, the average cost for a single family home rose 1.1% compared to last October, marking the highest level for an October in Houston history.

HAR also reported that Houston’s 6.6 months inventory of single-family homes is the lowest level since April 2010 and compares favorably to the national average of 8.5 months.

The positive news is encouraging for Houstonians. With mortgage rates at their all time low and a stable Real Estate market, many are finding it the perfect time to purchase a home.

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This post was written by Sandcastle Homes

I just moved into my new Sandcastle home and I think it’s a wonderful place to live. They have been very helpful, particularly Lynette and Steve. From the owner Mike Salomen down, it has been a truly positive experience. I would highly recommend anyone who wants to buy a new home that is built of high quality to consider this home builder.

Neal Massey

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