19. The State of the Market for Buyers in Houston TX

We buy houses in Houston TX

We buy houses in Houston Texas and we also purchase cash for houses in Houston TX. Is it still a buyer’s market today in Houston? As homebuyers in Texas and experts in the Houston real estate market, we get asked this question a lot. The answer isn’t as simple as yes or no.

The State of the Market for Buyers in Houston TX

First off, it really depends on the TX property type and location.

Single-family homes in great locations that are priced well have been flying off the shelves. There’s a lot of demand in the market for certain areas, while others can seem like ghost towns.

Houston buyers are often looking for the same thing

Good neighborhoods, access to transportation, shopping, good schools, close to work, etc. – properties that deliver all these are definitely a hot commodity. Sellers with a highly desirable property are in control of the market.

House buyers in Houston TX

But, for condos and townhouses in Texas…

…especially those a little off the beaten path, or with some funky features, it can be quite a different story. Prices were down in certain areas of Houston, but seem to be rebounding as the rental market increases.

Houston TX investment properties are in demand

The massive amounts of foreign cash flooding in to invest in US real estate have impacted the Houston market in unique ways.

Overall, those people in a position to pay cash for homes in Houston TX have been picking up the good deals in the marketplace.

Lots of sellers are trying out speculative prices just to see if anyone bites, but most investors are walking away from deals that don’t pencil out.

Financing is still a major obstacle for buyers in Houston, TexasCash for homes in Houston TX

Banks are being incredibly strict, requiring lots of money down and even changing their terms at the last minute. It’s not uncommon for approved buyers to get their loans pulled right before closing escrow, although it’s getting better than it was just a couple of years ago.

Overall, the markets remain incredibly polarized – there is a lot of action at the very top and the very bottom, with the biggest challenges in the middle.

Sell My House in Houston Texas

Sound confusing? It is, but we can help.

There’s a lot of shakeup in the US economy still taking place, and the markets are moving fast in lots of directions at once. We are Texas home buyers and we’re investing in Houston because we believe in the community and the people here.

If you need to sell your house in Houston TX, we can help you. We buy properties like yours from people who need to sell fast.

Give us a call anytime (713) 561-5162 or fill out the form 
over here today if you’re looking to sell a Houston house fast!

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