Real Estate Market News
Is buyer demand waning? According to the latest data from ShowingTime, fewer buyers are showing up to tour properties on the market. Buyer competition for listings was slightly subdued in April as 103 markets across the country recorded double-digit showings per listing, compared to 146 in April 2021 and 121 in March of 2022. Overall,…
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Not too long ago, an uprooted Californian wrote an op-ed that grew legs and went Business Insider viral on how awful the climate (and more) in Texas is. The chap had moved to Austin. He wrote it was damp, buggy, hot, and everything was always wet. He also didn’t like the drivers, schools, housing prices,…
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From Staff Reports Increased migration to Texas, particularly from higher-income states like California, has prompted concerns of diminished housing affordability as newcomers search and compete for housing. However, new analysis by the Texas Real Estate Research Center indicates migration patterns offer little explanation for the recent runup in home prices. “There is essentially no correlation…
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Spring is an especially hectic season in the real estate sector. With tax refunds hitting the bank and many families looking to relocate between semester breaks, the period between April and July accounts for 40 percent of annual home sales. Sadly, this surge in prospective home buyers could not come at a worse time. While…
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After two of his colleagues listed homes on MLS last Friday, Ebby Halliday Realtor Doug Chitwood already knew what was going to happen. “Both had over 150 showings each,” he said. “Showings are up significantly due to the lack of inventory — there are almost no homes to show. It sounds like a healthy market…
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