April was the best month for home sales in Houston in almost six years as home buyers devoured new listings at a pace that local Realtors have not seen since before the recession.
With inventory exceptionally tight, Houston home prices hit all-time record highs in April, according to the Houston Association of Realtors.
The April surge continues an impressive 23-month real estate winning streak generated by low mortgage rates — with interest rates less than 4 percent — combined with the city’s strong economy — more than 111,000 new jobs were created in Houston over the last 12 months.
With inventory exceptionally tight, Houston home prices hit all-time record highs in April, according to the Houston Association of Realtors.
The April surge continues an impressive 23-month real estate winning streak generated by low mortgage rates — with interest rates less than 4 percent — combined with the city’s strong economy — more than 111,000 new jobs were created in Houston over the last 12 months.
