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In 2022, homes for sale in Texas were being scooped up in a matter of days, but it's now taking months for sellers to find a buyer, according to James Willoughby, a real estate agent based in Austin.
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.
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 ...
More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates. Why competition in the housing market is cooling off
Brokerage Redfin, on the other hand, also expects fluctuations next year but thinks the average could remain around 6.8%, close to current levels. Los Angeles-based real estate agent Walter Franco ...
🏡 Key housing market stats The median home-sale price as of September 2024 was $404,500 — the highest September median NAR has ever recorded and only about $20K short of the all-time high
The U.S. housing market had finally started slowing in late 2022, and home prices seemed poised for a correction. But a strange thing happened on the way to the housing market crash: Home values ...
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