Schools and location drives the Houston real estate market - FOX 26 News | MyFoxHouston

Schools and location drives the Houston real estate market

Posted: Updated:
HOUSTON (FOX 26) -

Schools and location are what's driving the Houston real estate market tonight.

For the 25th consecutive month the Bayou City is leading the country in home sales.

If you're still shopping around for that "dream home" you'll need to act quickly because with kids heading back to school

there's even less inventory to choose from.

"We knew we wanted to expand our family so we needed the extra bedroom," said Tricia Onufer, mother of three boys who explained

how she and her husband needed additional space for baby Adam.

"It's everything we thought and more" Onufer says of her new four bedroom home in a Bellaire neighborhood.

"We literally came over and drove by that same day. We knew that when it was time to strike we'd have to strike quickly" she said.

And with only weeks before kids head back to school realtor Mitch Beasley says, homes are selling within days sometimes hours and even

"fence-sitters" as they're called are moving. "There's a ton of families that have been sitting on the fence probably the last two

years even though interest rates have been phenomenally low" said Beasley with Heritage Texas Properties.

"This house right here is a great example, it was on the market for one day ...four offers all at or above

the asking price" Beasley emphasized the "SELLING POINT," a Bellaire elementary school across the street which is also a block from

the Onufer's.

"When we toured the school though, that's it... that's what did it" said Onufer. In fact, it's

what's driving many families to settle in nicely. The latest number from the HAR shows agents sold more than 7-thousand homes in the month

of June. That's 13.4 percent more than last year.

"We would say hey, let's can we take a second look at it ... and we'd get "oh it's gone, it's off the market, it's sold" said Onufer. But that's

why Beasley suggests, "when something hits the market we have to be prepared to jump because there's gonna be a ton of activity." And without

too much time to think Beasley says, your best bet is to know exactly what you want and hopefully you too will hear the

words "welcome home."

"We did crime reports for every neighborhood that we looked in just moving into a safe community and we couldn't

have asked for better" said Onufer.

Powered by WorldNow

KRIV FOX 26
4261 Southwest Freeway
Houston, TX 77027

Phone: (713) 479-2801
Fax: (713) 479-2859

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices