Can it be so? Is there positive housing news in the national headlines? With all the negativity that’s been written, published and broadcast over the past 18 months, it is a refreshing change to see some positive press for the housing market.
Making headlines today…
Home sales rise click to read full story.
Existing-home sales end six month skid click to read full story.
If you’ve read the blog before you know our market here in SE Texas has been immune to much of the woe suffered by the rest of the national housing market. Our inventory levels remain healthy. Last check we had a little over a 6 month supply of homes on the market. The Real Estate Center at Texas A&M tracks the Beaumont housing sales statistics. In January 2008, they are reporting 122 sales in Beaumont. A little over 18 million in dollar volume changed hands from one homeowner to the next. For our area, January is historically a slow sales month.
Once spring arrives Beaumont’s housing sales jump up. Last year August won the "month with most sales" award. Over 250 homes were bought and sold in August of 2007. Which month will be the best month in 2008? Stay tuned time will tell. Until then, if the national housing sales are on the rise, hang on SE Texas, our sales should be headed way up.

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