Another strong month, especially in the luxury market. Not sure where are these rich buyers are coming from, but I won't complain.

Inventory levels keep rising but it hasn't had much of an effect so far.

I was a bit surprised that lease traffic was up so much. It's been slow ITL because of the increased competition from the glut of luxury apartments. Probably more to do with the rest of the city.








HOUSTON HOME SALES AND RENTALS HEAT UP IN MAY

Those lease numbers are insane.

The $750K and up market is sizzling for sure. Several posters here contributing to that as well.

My house won't sell...

Yep, selling ITL right now sucks.

where are you guys ITL? My townhome listing isn't really moving either but there's a ton of competition.

I'm curious too...as we may be selling some time soon.

Ag$08 said:

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Yep, selling ITL right now sucks.

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Ag$08 said:

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Yep, selling ITL right now sucks.

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Please let me know where the good deals are on ITL land (looking for a friend).

Diggity said:

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where are you guys ITL? My townhome listing isn't really moving either but there's a ton of competition.

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I'm in 030....low inventory, big-time, in the west half.
DOM...move pretty fast.

I'm following 019, 098 and 006 THs...builders not sitting on lots anymore, dozens going up, 2017 completion.
Kind of frustrating as TH inventory goes up...right along with price. Seems like $899 is the new $799 and so on.
Major labor shortages in all construction to boot.

If I decide single family, think I'm stuck Bellaire/WU. Just diddly-squat in 019, 098 and 006.
Been there, done that...meh.

Your listing's zip?

MAS444 said:

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I'm curious too...as we may be selling some time soon.

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Staying ITL?
If so, any particular zips in mind?

(no, not selling anything, just curious as I'm shopping, myself)

Yes...staying ITL if we can...but also possibly 024, 055, and 079. 009 currently.