Home Sales Remain Hot in September
From the Houston Association of Realtors: Houston temperatures finally cooled a bit in September, but home sales remained hot. Sales of single-family homes climbed nearly 17% when compared to one year earlier, and accounted for the fourth consecutive month of increased sales volume. The prices of those homes achieved all-time highs for a September in Houston. In addition, months inventory fell to the lowest level since May 2010 while pending sales rose and active listings declined.