Latest News From Prudential Gary Greene, Realtors

The Houston real estate market is so large and complex that we thought we would post how each market area ranks in terms of hotness each month.  Many people ask us how do you explain "hotness" to people? 

A hotness ranking in real estate refers to the number of pending sales [buyer demand] that occurred during a month in relation to its active inventory [homes currently on the market for sale].  These statistics refer to data listed in the Houston Association of Realtors Multiple Listing Service and are fairly representative of each real estate market. Data includes both new and existing homes listed in the system.