Falling oil prices in Houston were anticipated to noticeably impact the single-family housing market; however recent data suggests only the luxury sector has taken a hit."Mid-range housing actually saw a healthy sales volume in January," said Mario Arriaga of First Group.According to the Houston Association of Realtors (HAR), the volume of single-family sales priced between $150,000 and $249,999 increased by nearly 9 percent in January on a year-over-year basis, while the number of homes that sold for $500,000 and above dropped by 9.3 percent ...
- Luxury homes in Houston are considered those starting at $500,000.
- Foreign nationals are one buyer type driving Houston condo sales.
- The metro's median home price remains at $200,000 or higher.
Watch Connect NYC 2017 Live
Tune in live as the best and brightest explain how to execute and grow your business from the main stage of Connect.