Last year, Houston area Realtors sold 79,117 single-family homes. That’s about 2,700 more than in 2016 – an increase of 3.5 percent.
The median sales price rose too – by 3.8 percent to about $230,000 by the end of the year.
This despite the devastating effects of Hurricane Harvey.
Why?
To find out, we sat down with Ralph Bivins, founding editor of Realty News Report and long-time observer of Houston’s real estate market.
Click on the audio play button above to listen to the interview.