The real estate market in Friendswood is EXCELLENT! I have many clients who relocated from other states to this area. I have been a resident of this town for over 12 years and compared to other markets, it is holding its own. Right now with interest rates being at an all time low, buying a house is a smart investment. The economy and cost of living in Friendswood is also favorable which is an added plus!
The Friendswood Market has been holding its own. The inventory is high and the days on market is longer like around 4-6 months if priced right. With that being said it is still a good market just there is not many buyers out there. The people in Friendswood that usually move around are staying put and so the majority of Buyers out there are relocation unless by chance a resident has there house for sale and it has sold then they are out there looking also
The real estate market in Friendswood is great for buyers right now. With the interest rates low, now is a wonderful time to get more house for your money. That being said...If you are a seller be sure you choose an agent with their CHMS (certified home marketing specialist) designation to help position your house to sell at the best price with less time on the market.
The real estate market in Friendswood has made a very small correction, unlike some of the other cities you have been hearing about on the news. This is a great time to buy a home in Friendswood because of the lower interest rates and the buyer's position in today's market. Selling a home might be a bit of a challenge; that is why you will need a Realtor to guide you through pricing and staging.