http://www.har.com/content/newsroom/Houston Real Estate Highlights in October Single-family home sales continued their post-Hurricane Harvey rebound as volume rose 7.5 percent year-over-year with 6,381 units sold;Single-family home sales remain 2.8 percent ahead of 2016’s year-to-date volume;Total property sales increased 6.6 percent with 7,614 units sold;Total dollar jumped 10.8 percent to $2.1 billion;The single-family home median price rose 3.9 percent to $226,491, which represents an October high;The single-family home average price increased 2.7 percent to $285,858, also the highest level for an October;Single-family homes months of inventory grew year-over-year to a 3.9-months supply, but is down from a 4.3-months pre-Harvey peak – the result of a surge in consumer demand for housing;Townhome/condominium sales rose 5.8 percent, with the average price down 1.1 percent to $195,393 and the median price down 3.1 percent to $153,000;Leases of single-family homes rose 13.6 percent with the average rent up 2.8 percent to $1,776;Volume of townhome/condominium leases jumped 34.8 percent with average rent up 2.9 percent to $1,533.HAR still encourages anyone who has housing available for temporary occupancy (up to 12 weeks) to please post it on our Harvey Temporary Housing page at www.har.com/temporaryhousing to provide housing to those in need.

If we had suddenly decided to venture into this without land, buying land would immediately kill any profitability. 

Start a short roster of pre-vetted banks to immediately work with if you hit a “uhm-yah-about that...”It is more often than you think that when your loan actually processes thus actually vetted that all the sudden its oh- yah - actually - uhm - can’t do “x” or “y” or whatever you were building your plan around.

It's not too late to take control.A huge red flag is flying if suddenly some other title company is willing to close.

All of a sudden multiple developers have been approaching us about the land...For many different reasons, rather than cashing out completely, we started listening to developers interested in partnering with us to construct on the land.

Is this sudden price hike and change in features a marketing ploy in anticipation of a Black Friday and/or Cyber Monday sale that will bring the prices back down to where they were 48 hours ago?

All of a sudden multiple developers have been approaching us about the land.

However, when I actually had the property under contract, no information changed and all of a sudden the loan points and rate jumped substantially, with no changes in any of my or thendeal info; felt like a bait and switch. 

This is another sign of the health of the market.Of course if you are worried about a sudden bubble burst---realize it doesn't just come out of no where.

Unfortunately she passed away rather suddenly and all of the property stuff was no longer enjoyable to him and he wanted to sell a lot of them.