Recent Construction in Westbury

Aside from the usual hoilday slowdown, the Houston housing market continues to click along. The out-of-state investor business should continue to pick up, but Realtors need to be wary of these folks. I don’t know how many California “investors” have called to ask me to send them investment-grade listings. When I send them a Buyer’s Rep Agreement first, I never hear back! Basically these guys are looking for every Realtor in town to show them a listing, and then they’ll hire an agent who will kick them back almost all of the commission. NEVER WORK WITHOUT A BUYER’S REP. EVER. NEVER EVER.

Anyway, coming back from that tangent…….

I continue to be optimistic about the future of our market. While prices in inner-loop and inner-beltway properties continue to climb, we are nowhere near a ‘bubble’. I know it has been said over and over again, but Houston is one of the most affordable cities in America. People are moving here from all over the country, because they can live in the best parts of the city for the price of a Los Angeles or Boston middle-class suburb.