Houston Moving Market

Houston Real Estate

My goodness, if you think the market in Houston is not fast paced think again.  The Marconi Team has been listing homes and just as quickly as we list they are going under contract. Makes for a happy seller and some frustrated buyers.

The name of the game right now is to price affectively. Homes that are overpriced are sitting. Homes that are not staged or cleaned up are also sitting.

Our team recently placed a home on the market that had been part of an estate and our precious clients cleaned it out which took several weeks.  They worked themselves to the bone and it paid off. Within one week we not only had one offer but multiple offers. They all agreed with pricing it effectively and it paid off. Cash offer and we close it today.  This helps to close a chapter of their lives in under 3 weeks.

With oil hoovering under $50 a barrel and the Presidential election coming we all know that there is some uncertainty about the market.  However, if you were here in the early 80’s you may recall how volatile the market was.  Thankfully we have not seen the market reflect the way it did in the 80’s.

I know back in 1983 when we bought our first home our interest rate was 16%. Yes that’s right you read correctly 16%.  That’s just what the rates were then.  We were thrilled when we refinanced and got it down to 12%.  We had gotten a huge raise.  Now, interest rates are ranging from 3% – 4.5% which are historically low rates.

Don’t miss out on buying a home, even with low inventory our team has been able to put our clients into homes that have been outstanding.

If your feeling frustrated with the market, then let us help. We have worked in the Houston and surrounding area markets for a long time, we can help and will be happy to help you and your family to make this move.  Whether buying or selling we can get the job done for you in the Houston, Cypress and Katy area to just name a few.

Happy Living,

Another home sold in under 24 hours by The Marconi Team

Post a Comment