New data from the Houston Association of Realtors (HAR) suggests that the local housing market is doing great so far in 2013. The numbers are particularly encouraging for prospective homeowners who may be moving to the region seeking new job opportunities in the energy and technology sectors.
According to the Houston Chronicle, home sales jumped 16.2 percent in August, signifying that plenty of folks are relocating to the metro area. This equates to 7,504 single-family properties. All the activity acted as a positive booster for prices, which averaged $186,200 last month. This was the 26th month in a row for upward sales momentum and the fourth month in a row that more than 7,000 homes were sold.
In a statement, Danny Frank, the chairman of the HAR, said that the good statistics are expected to continue to roll in as more people realize just how beneficial it is to move to Houston.
"This has definitely been a summer sales season unlike any we have seen before," Frank remarked, according to an official press release. "Our small bump in inventory in July was short-lived as consumers bought faster than homeowners sold in August. It's difficult to say exactly when Houston's boiling real estate market will begin to cool down."
Contact Inquest Staffing today to learn more about exactly why you should move to Houston, including the fact that many energy and technology companies now call our city home. Our Houston IT staffing experts are uniquely placed to connect you with great opportunities, so give us a call and get started on the next chapter of your life!