Image item
 

 
it's been a roller coaster, alright!
 
Dave & Gina W.
It’s like having a friend that is working for you. She really cares about her clients. Her commitment is reflected in her attention to the details. Ellen is joy to work with!
Timothy S.
Ellen knows Houston. She uses what she knows to help her clients. She was attentive and helpful in narrowing down our choices and making a decision.
Candace P.
Ellen was awesome! She was always on top of things and one step ahead of me! Her professionalism was excellent and was motivated to get my home sold. I would definitely recommend her to friends and family.
Ready to talk real estate? We would love the opportunity to visit about your needs! 
Please let us know if there's anything in the world we can do for you! 
 
 
 
 
2023's real estate ride has had a few unexpected twists
and turns! Let’s talk about how things are shaping up
for the rest of the year:
 
01
 
Home Prices: We can expect slight dips in home prices nationally, but don't anticipate any dramatic decreases. Last year saw a significant 10.2% increase in home prices. Now, predictions for this year show a minor 0.6% drop in median list prices. Of course this is a national average - our area is seeing trends that are slightly more active than the rest of the country.
02
 
Interest Rates: The good news is mortgage rates are anticipated to decrease, with expectations around 6.1% by year-end, down from an initial prediction of 7.1%. 
This is a great thing for homebuyers!
 
Inventory: It's still a tight market. We're seeing a decline in homes available for sale, with a predicted 5% drop this year. Home sales are expected to decrease by 15.8%! Our local market is currently sitting at 4.2 months of inventory. What does that mean? Well, if no other houses pop on the market we would run out of homes for sale in just over 4 months!
 
03
 
Builder Activity: New housing starts are predicted to decline by 19.6% this year, and are starting to slow down already. This will contribute to the existing housing shortage.
 
Affordable areas are seeing more buyer interest and competitive prices, while pricey regions have somewhat stabilized.
 
As we navigate this roller coaster of real estate in 2023, always remember: it’s not just about the ride, but who you’re sharing it with. We are thrilled to be right here next to you! 
We are here to help - call us anytime!!
 
 
 

Image item
Please let us know if there is anything in the world 
of real estate that we can do for you!
Todd & Ellen Pool
Instagram
Facebook
LinkedIn
Youtube