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It appears that Houston has been one of the few markets in the country that has escaped to some extent the real estate downturn seen in most of the rest of the country. Despite the normal seasonal slowdown in real estate sales at the end of summer, Houston remained ahead of 2005 in terms of sales and pricing and its inventory of homes relative to sales is still well below the 10 year average. This bodes well for both buyers and sellers in the Houston market The Houston real estate market is experiencing weakness but it remains much better off than the national numbers that have been reported and the numbers that are being forecast. In major listing categories, Houston's overall housing market has seen mixed results with increases in median sales price and average sales price on a year-over-year basis. However, a noteworthy decline is being seen in both total property sales and total dollar volume. Total year-to-date properties sales have been down but not too significantly. Houston has recently developed some newly built condos, they appear to be in very high demand and are fleeing off the market in very quick succession. There can be many advantages to owning condos and lofts. In today's somewhat uncertain economic environment, the attractive pricing and low maintenance costs associated with these residences have seen their popularity increase considerably. When compared to most detached housing, the benefits of buying a condo or loft are obvious. If you are on a tight budget, and are looking for real estate in an urban location where you can have quick access to modern amenities, it is an option that should be given serious scrutiny. It should be noted that the terms condo and loft can be used interchangeably. Both are can describe single units inside buildings which contain multiple dwellings. In general, a loft would have a more open floor plan than that of a condominium which typically has a greater number of individual rooms. Prior to checking out the condos that are currently on the market in your area, it is important to understand certain terminology that can be used to describe the residences. A hard loft denotes a building which would have originally been used as a traditional warehouse or other such commercial property and which has now been converted into living spaces. Such dwellings have a unique charm and character that is somewhat lacking from newly constructed buildings. A hard loft is likely to have numerous eye catching features that can add to the overall allure. Soft lofts differ in so much that they may be of a similar size to the aforementioned hard lofts, but they would have been built with the sole purpose of being a living space as opposed to have been redeveloped at a later date. They are nevertheless still an attractive option, especially if the architect involved in their design has taken an influence from the demands of modern urban living. If you feel that the Houston Condos For Sale are something you'd be interested in, you can inquire about them online today and bag yourself one of the many Condos For Sale in Houston. Learn all you need to know about high quality Houston Condos For Sale and Condos For Sale in Houston on the net today.
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