Trusted Concrete Repair, Replacement & Resurfacing Contractors in Sugar Land, TX

Selling A Houston Home In Today's Economy Is Difficult Houston homeowners are having a difficult time selling their homes because of a combination of reasons. Higher home prices and higher mortgage rates for homebuyers are the primary factors. And Houston is not alone. Austin and Dallas homeowners are finding a lack of home buyers also. Many houses being sold "retail", that is, with a realtor and a listing on the Multiple Listing Service (MLS) are not being sold. MLS listings are often for a 6 month person. Home buyers for higher priced homes in the Houston area are fewer than any other price category. For homes priced above $2 million the UN-sold percentage has been 55%. Homes priced between $450,000 and $2 million are experiencing an UN-sold rate of 51% to 53%. Homes priced closer to the median price for homes in the Houston area, $300,000 to $450,000, are reporting an UN-sold rate of 50%. More economically priced homes priced under $300,000 went UN-sold at a 41% clip. The current median price for a Houston area home is approximately $360,000.