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Texas Real Estate Trends: Q3 2023 Comprehensive Review

Listing Spark

Interest rates have gone up, making many people unsure about buying or selling homes. From late summer of 2022 to now, the Texas real estate market has experienced one of the most unpredictable corrections in recent history, leaving a lot of home-buyers and sellers scratching their heads and trying to make sense of what is going on.

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HOUSING INTENSITY TO REMAIN HOT DESPITE HEADWINDS

Will Springer Realtor

We are only a couple of weeks into 2022 and the region’s residential real estate market is already getting back in motion for what should be another year of unprecedented levels of activity and incredibly high demand. Since 2016, Seattle area home prices have climbed 70% and average rents in the metro area have risen 23%.