Norhill Realty Posted April 16, 2010 Share Posted April 16, 2010 Norhill Realty presents our 1st Quarter MarketReport for the Greater Houston area. This report tracks several key neighborhoods within Greater Houston’sInner Belt and breaks down the number of sales, median days on market, averagesales price, and the months of inventory. We then compare the 1st Quarter figures with those of thesame Quarter from the previous year.In this report, it is evident that the number of home saleshas improved from this time last year. The rebounding economy, home-buyer tax credits, and low mortgage rateshave encouraged buyers to enter the housing market. As the economy continues to show signs ofstability and improvement, we expect this trend to continue in 2010. As demand for housing returns, this shouldhelp property values rebound and encourage more home owners to sell and upgradeto larger homes. Quote Link to comment Share on other sites More sharing options...
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