Houston's housing market is transitioning from a waiting period to a decision-making phase, characterized by rising inventory, increasing pending sales, and buyer reentry despite slight price softening, with this transition phase historically being brief.
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Houston’s housing market is sending mixed signalsAdded:
Inventory is rising. Pending sales are up, too.
>> [music] >> Prices softened slightly, but buyers are reentering. That's why this market confuses a lot of people. The data isn't pointing in one direction. It's showing transactions. Houston [music] right now is moving from wait mode to decision mode. And historically, that transition phase won't last long.
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