KATY– FULSHEAR, Texas (Covering Katy News) — The Katy–Fulshear housing market saw inventory climb to record high levels in July, while home sales slowed for the second month in a row.
Active listings have grown steadily all year and are now at record highs. At the same time, the number of homes sold slipped from June, showing signs that demand is easing as the summer season winds down.
Buyers gaining leverage
With more homes to choose from and sales moving at a slower pace, buyers are in a stronger position to negotiate. Well-priced homes still attract attention, especially in more affordable areas, but overall, there’s less urgency than earlier in the year.
Sellers facing more competition
For sellers, record-high inventory means standing out is more important than ever. Homes that show well and are priced competitively can still sell quickly, but those that overshoot the market risk sitting on the market…