Thursday, July 6, 2017
By Dan Boutwell

Since March 2017, Cypress TX home sales are showing to the leveling off in Prices. But we have some price ranges where the values are holding but the number of Home Buyers are slowing down.  I see homes priced under $300,000 show quite a bit more than homes $350,000 and up to around $800,000.  Upper end homes in the $900's to 1,500,000 are still showing at about same rate as they have for last couple of years. The slowest showing range is from $350,000 to $400's.  There are various ideas why this range is slow, but I feel its with many buyers are on the "Fence" waiting to see how the Oli and Gas recovery goes. I personally think we will see a large increase in Buyers and also Prices once 290 is complete and about that time Oil and Gas should be in a good recovery..  Cypress is still one of the best areas for Families to live. It has the Great Cy-Fair Schools, Lots of Building and Business Growth and also ease of traffic and lots of shopping areas. 

Dan BoutwellDan Boutwell
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