Earlier this week, we mentioned the October housing report from the Texas A&M Real Estate Center, which provided this interesting tidbit: While home sales may be slowing down in the higher price points, the most affordable price points are still doing robust business.
“The market for homes priced less than $200,000 remained the exception, where the MOI held at 2.8 months with constant pressure downward,” the report said. A balanced market, economists say, is closer to six months of inventory.
So for this week’s CandysDirt.com Open Houses of the Week, we thought we’d take a look at this price point, and what you can get for that.
This week, our homes range in price from $155,000 to $200,000. Which ones will you visit? (more…)