This week’s Real Estate 411 is about REALTORS expectations of what the market will do over the next 12 months. With the demand to purchase slowing to a certain degree do to an increase in home values and the cost of borrowing. The median expected price increase for Texas should be around 3%-5%. Of course there are exceptions to every rule. Areas such as The Woodlands, that are highly desirable and have very low inventory levels could see higher increases in my opinion.
If any of you have any questions regarding this topic or are ready to start looking for your next home, please don’t hesitate to contact me through our “contact us” page on our website at www.blakewilcoxproperties.com
Keep it REAL!