Property Management Blog

Houston Real Estate Market Update as of June 2016

By Complete Property Services Wednesday, July 20, 2016

The Houston market remains solid, with year to date sales up 2.7% compared to 2015. We now have a 3.7 month supply of housing for sale, compared to 3.2 months a year ago. The national average is 4.7 months, so our market is generally tighter than most. We currently have 35,857 pr...

Houston Real Estate Market Update as of April 2016

By Complete Property Services Tuesday, May 24, 2016

The Houston market has stabilized at a more sustainable (slower) level of sales then in recent years and is holding up much better than expected due to lower but stable oil prices. Month’s inventory for sale stands at 3.6 months compared to 3.2 months at year end and 2.9 mo...

Houston Real Estate Market Update As Of Year End 2015

By Complete Property Services Tuesday, February 16, 2016

The Houston market continues to decline as the price of oil causes both layoffs and less relocation to Houston. Month’s inventory for sale came down to 3.2 from the 3.5 months available this summer and fall, and compares to 5.1 months nationally. The total number of sales ...

Houston Real Estate Market Update for December 2015

By Complete Property Services Wednesday, January 13, 2016

The Houston market continues to decline as the price of oil causes both layoffs and less relocation to Houston. Month’s inventory for sale came down to 3.2 from the 3.5 months available this summer and fall, and compares to 5.1 months nationally. The total number of sales ...

Houston Real Estate Market Update for October 2015

By Complete Property Services Wednesday, November 11, 2015

The Houston market experienced a double digit decline in sales as buyers are pulling back due to both seasonal and oil price pressure. Days on market fr properties that sold is up from 51 to 53 days from a year ago, and months inventory for sale remains at 3.5 months compared to ...

Houston Real Estate Market Update for September 2015

By Complete Property Services Sunday, November 1, 2015

September, 2015 MLS sales data shows continuing strong sales for more than four years since bottoming out in 2010, though the market is clearly loosening up from record short supply the past two years. Supply of homes for sale is up 17.6% from September of 2014. One year ago, the...

Houston Real Estate Market Update for December 2014

By Complete Property Services Thursday, February 19, 2015

December MLS sales data shows the 43rd consecutive month of increasing sales. Supply of homes for sale is down 8.3% from December of 2013. Months inventory metro wide is down from 2.6 to 2.5 months, an all time record low for the Houston market. 6 months is considered a balan...

Houston Real Estate Market Update for February 2014

By Complete Property Services Wednesday, April 30, 2014

February MLS sales data shows the 33st consecutive month of increasing sales. Supply of homes for sale is down 27.8% from February of 2013. Months inventory metro wide is down from 3.6 to 2.6 months, an all time record low for the Houston market. Six months is considered a balan...

Houston Real Estate Market Update for December 2013

By Complete Property Services Monday, January 6, 2014

December MLS sales data shows the 31st consecutive month of increasing sales. Supply of homes for sale is down 16.1% from December of 2012. Months inventory metro wide is down from 3.7 to 2.6 months, an all time record low for the Houston market. Six months is considered a bala...

Landscape Maintenance and Rental Properties

By Complete Property Services Thursday, May 2, 2013

While residents want to rent a nice looking home, they often have no interest, time, or knowledge on how to maintain the property. They may agree to landscape maintenance in the rental contract but it can be difficult for a property manager or owner to enforce. The owner can cha...

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