Mortgage interest rates are up, so why haven’t Houston housing prices dropped? The short answer is that for prices to drop there must be a drop in demand AND a rise in supply at the same time.  In real estate we measure this in Months of Inventory, which is the

Neighborhood Spotlight: Houston, TX 77084Click Video to Listen Now:  Contributing author: Jeff SmithMultifamily REALTOR® / Single Family Sales Manageroffice – 713.782.0018 x1115direct – 713.554.2247jeff.smith@luinc.com

Wait, prices could go way up when??!! What do you think is going to happen to home prices?  Let’s take the pessimistic view and for the sake of argument we’ll say that because the Fed is predicting a recession in 2023 yet they are raising rates anyway, that: The seem

What’s NOT in the Houston Rental Market Update The Houston Association of REALTORS® October Rental Market Update that covers October is out and the subtitle says exactly what you would expect, “Rising mortgage rates continue to drive would-be homebuyers to rent.” The year-over-year highlights for single-family rental activity include: 19.2%