Apex Properties Blog and News:

The Full September Numbers are IN!

The full September numbers report is in from HAR. Inventory has grown from a 1.7 month supply last year to a 2.5 month supply now and we can definitely see the effects of that.

I'm seeing more price reductions now in a typical week than I saw in the entirety of 2021.

And yet.....the average price across town is still up to $411,671 from $378,685 a year ago. And despite the transaction count being "lower" than last year's insanity....we still had more than 8,200 properties change hands last month.

It's still a robust market!

We're heading into the normal seasonal slowdown of fewer transactions. It's an interesting phenomenon to be sure.

Some segment of the population will always be having a life change that requires moving, but you definitely see the elective movers exit the market at this time of year.

This chart below shows you how transaction counts tend to tail off toward the end of the year, but you can still see how the overall volume of transactions is growing thanks to the addition of 20,000+ new construction homes each of the past 5 years.

Read the whole HAR September report by

>>clicking here<<

Our team looks forward to serving you when you need help.

If you've got real estate questions, please email or call our team anytime!

Want to know more about how our team works?

We don't get paid for our hour of work.
We get paid for the value we bring to the hour.

-Jim Rohn

Houston is expanding:

New Houston Developments Coming!

Overhaul of Memorial City Mall

One of 5 MASSIVE lagoons anchored by new construction communities planned for the Houston Area

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

Friday Thought: The only way you can predict the future...is to build it.

-Alan Kay

New Houston Developments Coming!

Overhaul of Memorial City Mall

One of 5 MASSIVE lagoons anchored by new construction communities planned for the Houston area.

As the country's populace continues to flee higher cost states, our city continues to grow and develop.

There are some INCREDIBLE new projects planned to newly develop, expand or upgrade some of our most popular entertainment landmarks.

This Houston Chronicle slideshow is an amazing preview of the various projects being developed around the city in the next couple years.

This should help keep Houston specifically and Texas in general on the forefront of people's minds when they think of great places to move.

Our team is completely confident that due to the natural pull of Texas and massive projects like this, we're going to see home values continue to rise in the mid to long term timeframes. I look forward to serving you when you need help.

If you've got real estate questions, please email or call our team anytime.

Want to know more about how our team works?

The only way you can predict the future...

New August Numbers: 

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

Friday Thought:

There is no "magic" in magic. It is all in the details.

- Walt Disney

The August FRESH Report is in!

So, welcome back to a "normal" market.

The August Fresh report is here and the trend of increasing home inventory levels is continuing.

We are still up nearly 40% from last year's August inventory level. This means home buyers have more choices, and they're being a little more picky with the houses they choose to write offers on.

Average days on market for listings has risen from around 10 days just 3 months ago to around 35 days on market now. Keep in mind these are averages...many houses sell after that 35 day marker and many before.

We're still seeing some listings sell the first weekend and now more than ever it's important to make sure a property for sale is prepared with the market in mind to have the widest appeal to the buying public.

List prices are also up year over year, but we're seeing a seasonal adjustment that normally happens this time of year as well.

We look forward to serving you when you need help.

If you've got real estate questions, please email or call our team anytime.

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

There is no "magic" in magic.
It is all in the details.
- Walt Disney

Should I renovate?

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

Friday Thought:

Every choice you make is a vote for the type of person you wish to become, the relationship you would like to have, or the legacy you wish to leave.

Trying to decide to renovate, or not to renovate before selling?

Let me ask you:

Look at the 2 before and after photos below.
Which of the options below do you think would help the house command a higher price in the market?

In my experience, however much those renovations cost....is a probably dollar for dollar return on investment...if not more so. Not to mention the reduction in marketing time.

So...how much should you be spending to get your home ready for sale?

This is a question that we get asked daily, and like most other things the answer is "it depends."

Without seeing any one particular home it's difficult to give a blanket response.

That said, EVERYONE benefits from taking an honest, fresh look at their home through the eyes of the buying public.

The very short answer that everyone can use is that carpet and paint are the 2 least expensive ways to DRAMATICALLY change the appearance of a home.

If selling a home is in your future, I strongly advise you to give me a call and set up a prelisting walk through.

This way we can help you maximize your value and take the most money from the sale.

NOT doing this will, most definitely, cost you thousands of dollars. I know, because I've shown countless homes where it is clear the listing agent didn't help the seller prep the home, and the result is a disaster.

We also have pretty much every contact you could possibly need to help you prep your home for sale, or just to stay and enjoy it.

Even if you plan on staying in your home forever, I'd still like to be a resource for you.

If you need a plumber, landscape designer, electrician, or any other service provider, please reach out to me.

I have the contacts and the relationships you need.

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

Every choice you make is a vote for the type of person you wish to become,
the relationship you would like to have, or the legacy you wish to leave.
- James Clear

Our Houston MLS released its numbers for last month and a few things stand out.

Average home prices rose 9.9% up to $426,494 and median prices also rose to 12.7%. 

However, we are starting to see a normalization in the market. July was the 4th month in a row where the total number of
home sales dropped year over year.

The market is continuing its path towards a pre-pandemic pace and closer to what is considered normal.

The only segment that did not experience lower sales were homes priced $500,000 to $1 million. This segment leaped 40.6% since last year.

In my opinion this is primarily due to the overwhelming number of homes that appreciated INTO this price range over the past 2 years. A decade ago 400-600K used to be very high end and it's now becoming the new normal.

Overall we are slightly behind last year's record setting sales by 1.3%. Still having quite a year of sales in Houston.

If you have questions about the real estate market please reach out to our team. We are always available.

Want to know more about how our team works?

Click HERE for our seller info package.
Click HERE to see our current listings.

The past has no power over the present moment.

-Eckhart Tolle

Solving the Contingent Problem!

Friday Thought:

We don't rise to the level of our goals.... We fall down to the level of our systems and habits.