Oct 2, 2026 · 44 min · 9 segments
🚨 90% of real estate deals hitting your inbox may not be bad deals they may simply be DEAD at the current price. So how do you quickly determine which deals are worth your time?In REI 101 Episode…
Days on market are
up.
Interest rates are high.
Inventory's up.
Days on market's up.
So go chase those deals, right?
They are out there.
They are out there.
And I know that there's buyers now that are going to be very happy at some point.
Just to look at some of the trends right now.
August... 52 days on the market for single-family homes just in August.
52.
It's actually an improvement because you go back to first quarter, January, February, March, we were at 63, 65, 63 days on the market.
Okay.
Um, and then in August, the average sales price of a single family house in the greater Houston area sold for 425,000.
That's actually down quite a bit, uh, from June.
So June average sales price in June was 450.
So let me tell you what's interesting about June.
with all the craziness that's happening in our real estate industry, that was the highest average sales price of a single family house in the history of the Houston market.
A lot of people are not talking about that, even though now it's down $25,000.
So part of the reason I believe Here's my theory, I'm going with this.
Part of the reason why home values are starting to drop again is because listings are too high.
That's my theory.
You list a property too high, the market chooses not to take that listing seriously.
And what we're finding that if a single family house sells in zero to 30 days, the average sales price in the month of August was $467,000.
Days on market are
up.
Interest rates are high.
Inventory's up.
Days on market's up.
So go chase those deals, right?
They are out there.
They are out there.
And I know that there's buyers now that are going to be very happy at some point.
Just to look at some of the trends right now.
August... 52 days on the market for single-family homes just in August.
52.
It's actually an improvement because you go back to first quarter, January, February, March, we were at 63, 65, 63 days on the market.
Okay.
Um, and then in August, the average sales price of a single family house in the greater Houston area sold for 425,000.
That's actually down quite a bit, uh, from June.
So June average sales price in June was 450.
So let me tell you what's interesting about June.
with all the craziness that's happening in our real estate industry, that was the highest average sales price of a single family house in the history of the Houston market.
A lot of people are not talking about that, even though now it's down $25,000.
So part of the reason I believe Here's my theory, I'm going with this.
Part of the reason why home values are starting to drop again is because listings are too high.
That's my theory.
You list a property too high, the market chooses not to take that listing seriously.
And what we're finding that if a single family house sells in zero to 30 days, the average sales price in the month of August was $467,000.
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