Low Inventory
Mark Johnson Chief Executive Officer, JP and Associates Realtors The headline of this post has been the topic of many recent conversations. With a crazy real estate market, 46 percent less inventory than a year ago, record-low mortgage rates, and COVID-19, we all face many challenges. Associates are facing so many challenges from the complex to…
Read MorePut your coffee down, because you don’t want to spit on your phone when I tell you this: Houston’s real estate market has already rebounded from the March plummet due to the coronavirus. That’s directly from the Houston Association of Realtors. And the Bayou City isn’t alone. In fact, homes are flying off MLS at…
Read MoreWith a healthy economy and low inventory, 2020 is shaping up to what could be the most competitive home shopping season in years, according to Zillow.
Read MoreIn this week’s Mortgage Report, our most-trusted mortgage expert outlines the market’s current conditions, including a lagging bond market that is in a sideways trading range. Plus, more people are in the market to buy homes, and inventory isn’t increasing to match demand. What does that mean for homebuyers? Find out from someone with more…
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