November was a great month for Houston real estate!

Every market indicator for the month was positive, except pending sales which dipped 15% below last November.

 

Houston Milestone: 

November YTD 2009 was the first month in 2009 where sales improved from double-digit declines to single-digit decline.  Single-family home sales year-to-date are now only 8% below last year – quite an improvement from YTD February sales which were 24% below 2008.