• There is just no inventory on the market right now, and it is really frustrating for everyone but sellers
• On the flip side, if you are looking to sell, now is a great time to do so
• 1.4 months inventory...

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After turning 2021 into a record year, the Houston real estate market had a strong opening to 2022 with January single-family home sales up 7.1 percent year-over-year. Most of the other monthly measurements were also positive. Pending sales jumped 15.7 percent. However, total active listings or the total number of available properties remained down 14.2 percent as a result of steady homebuying trends throughout 2021.

Single-family homes inventory slid to a 1.4-months supply versus 1.7 months last January. Over the past 12 months, the highest inventory level has been a 1.8-months supply in August 2021. The lowest was 1.3 months from March through May of last year. Housing inventory nationally stands at a 1.8-months supply, according to the latest report from the National Association of Realtors (NAR).

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The average single-family rent went up 9.7 percent to $2,070 while the average rent for townhomes and condominiums jumped 11.9 percent to $1,801.

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• 0.6 months of inventory.
• We are in the process of onboarding a local Austin Red Pear agent!

• Our San Antonio listings are going pending very quickly. Its a really really hot market in San Antonio as well.
• We will be adding a local San Antonio Red Pear agent this Spring.

• If I were a betting man, I'd put money on the SUPER hot College Station market (same level of inventory as Austin) bleeding over into Bryan. It seems like its already started, but still room to run.
• We are bringing on a Summer Intern this summer who will be local to College Station. She's a go-getter and I'm excited to have her on the team!

• As hot as the Tyler market was last year, there is LESS THAN HALF the inventory available now versus then.