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The Texas housing market has cooled after a frenzy of activity during the pandemic. Boomtowns like Austin are seeing home prices drop, while fewer people are moving to the state.
Prices also are still on the rise, increasing 1.8% month over month, or by almost $6,000, the Texas A&M report found. Overall, 56% of home sales were priced between $200,000 and $400,000.
But housing experts expect there to be more homes on the market next year as buyers and sellers come to terms with today’s higher-rate world. The housing market has been effectively stuck since ...
More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates.
The U.S. housing market has been so hot for so long that it’s easy to forget it can’t stay that way forever. At some point, home prices will have to stabilize or head lower — at least ...
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
25. Buchanan Dam, Texas. January 2023 average home value: $390,776 January 2024 average home value: $357,933 YOY (%) change in average home value:-9.176% Difference from USA average home value ...
Alabama. October 2020 home value: $160,644 October 2022 home value: $214,110 2-Year change (#): $53,466 2-Year change (%): 33.28% The rapidly rising prices that defined the 2022 housing market ...