01/29/2020
This is overall and on a national level but as for the Houston area the housing market is still strong. This is still a great time to purchase a home or even refinance your current home with rates as low as they are. The last time I checked rates were just below 4.0%.
December pending home sales fall 4.9% as supply hits a record low
Pending home sales, which measure signed contracts, not closings, dropped 4.9% in December compared with November, as the supply of homes hit a record low during the month.
