Luxury housing in Houston, Texas for June 3rd, 2020. Homes in Houston above 800K are typically the luxury market locally. These are homes in some of the most prestigious inner loop areas like West University, Bellaire, River Oaks and Memorial. They are also found in the some of the nationally recognized best places to live in America; Sugar Land, The Woodlands and Katy. Todays trend mirrors previous days with growing new inventory, tripling the number sold and growing off market homes. Some of these home owners are directly affected by the oil shift yet others are by the economic changes caused by COVID. Neither are quick turn arounds and both will curtail the appetite for this market of homes. We are seeing the Jumbo loan category tighten as concern rises about their investment in homes and the likelihood of the house turning into REO. Do you know someone who is frustrated with the ineffectiveness of their current situtation? Keller Williams Agents closed $70.2 billion in sales volume, up 10.6% over Q1 ’19. While Q2 certainly reflects the pandemic restrictions our preliminary numbers continue to outpace the industry as a whole. Who do you know who needs results and straight talk about real estate? #realestate #housingmarket #houstonrealestate #Luxury #Houston