Listing a house end of July? (Houston, Katy: for sale, 2014, apartment)

[mcmummy]

Anyone want to share their opinion about the current Houston housing market? Is it still hot, a sellers market or is it cooling?
I was just googling best weeks to list a house and one link ranked mid July to August as a poor time to list. What do you think?
TIA!

[Htown2013]

I'm very curious about the same thing.

[Meyerland]

It's still hot and should be through July. It cools a bit in early August because families generally move before the school year starts. What neighborhood or location are you in? That makes a big difference.

[Schumacher713]

There is a huge inventory shortage. It is about as good as it gets. Summer is always the best time to sell. The market won't cool in Houston for many years to come despite what the doom and gloom people say.

[cheryjohns]

Best overall is late January through June. Worst is November and December, because of the holidays. Everything else is medium. Some areas are hot no matter what.

[Keyan]

Originally Posted by cheryjohns

Best overall is late January through June. Worst is November and December, because of the holidays. Everything else is medium. Some areas are hot no matter what.

This is exactly true.


In Houston, many things factor in though. specific locations in Houston will always be in demand year round. specifically inside the 610 loop. Also I don't see the market slowing down in those areas even in the slow months of November, December, January and February. I see this to be the case for the next 4 years for sure.

once interest rates go back up, you will see it slow down all around, but not so much in the 'hot areas'

[Htown2013]

Originally Posted by Keyan

This is exactly true.


In Houston, many things factor in though. specific locations in Houston will always be in demand year round. specifically inside the 610 loop. Also I don't see the market slowing down in those areas even in the slow months of November, December, January and February. I see this to be the case for the next 4 years for sure.

once interest rates go back up, you will see it slow down all around, but not so much in the 'hot areas'

Why do you think it'll stay hot for the next 4 years? What all is happening or supposed to happen in that time period?

[BFFMaya]

Katy Zip Code Listed As Hottest In The Country
KPRC's Click To Houston Article Video
June 16, 2014

KATY, Texas - The Houston area housing market is still booming and shows no signs of slowing down.

According to a study done by a group called Welcomemat Services, a zip code in Katy was the hottest zip code in the United States during the month of May. Nearly 600 families are reported to have either moved into a home or an apartment in Katy during May.

The Houston Association of Realtors says don't expect a slow down any time soon.

"The 99 corridor, the I-10 corridor heading out towards the Energy Corridor really is where we are seeing a lot of growth, new construction. Katy has always been a strong market, it's really our base for our energy corridor in the Houston area," said Chaille Ralph, chair of the HAR board.

Second to Katy was a zip code in Charlotte and third was one in Chicago.

[DSL_PWR]

Originally Posted by Schumacher713

There is a huge inventory shortage. It is about as good as it gets. Summer is always the best time to sell. The market won't cool in Houston for many years to come despite what the doom and gloom people say.

How is that even possible? There are something like 40k homes in the immediate area for sale on HAR alone. That does not include FSBO and other homes like that for sale.

All indications point to the slowing of the market sooner than later.

[ftbend06]

Originally Posted by DSL_PWR

How is that even possible? There are something like 40k homes in the immediate area for sale on HAR alone. That does not include FSBO and other homes like that for sale.

All indications point to the slowing of the market sooner than later.

I don't know that there's any indication one way or the other. No one really knows what will happen; otherwise we'd be in Vegas.

Things are clearly good now, but I think the market has been just a little overheated and will cool off in July. That's what I'm starting to see in my personal experience. I don't think things are headed for a downfall, though. It just won't be as strong in the next couple months as it has been in the previous few.

As for the long term, the most credible people I've talked to have indicated that right now is not like 2005, for example. There is real demand and not just a housing bubble. People seem to indicate that, due in part to the energy sector, there will be strong demand for the foreseeable future. Doesn't mean there won't be some dips here and there, but nothing like 2007 is what people seem to think.