Remove 2023 Remove Construction Remove Home Value Remove New Listings
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Texas Real Estate Trends: Q3 2023 Comprehensive Review

Listing Spark

A Dip in New Mortgages With interest rates soaring to unexpected heights, many prospective homebuyers have taken a step back from applying for new mortgages. Many have been caught off guard by the spike in rates and are cautiously waiting and hoping for home values to become more affordable.

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Real Estate Market Trends for 2023 – Real Estate Real Fast EP11

Listing Spark

In this episode of Real Estate Real Fast, Aaron Jistel discussed the market trends of 2022 and 2023. Sales were down 25% in Austin, Texas compared to 2021, and values are likely to continue decreasing in 2023. 2022 Market Trends: Decrease in sales, values, and new listings in Austin, TX; median home value up 9.9%

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The nation’s housing market is on a correction course

Housing Wire

Homes listed for sale are increasingly seeing asking-price reductions, and both construction and home sales — both existing and new — are slowing.”. Freddie Mac projects that home-price growth will average 12.8% in 2022 but will drop to 4% in 2023. By comparison, home-price growth was 17.8%

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Texas Real Estate Market Report: Analyzing Trends & Predictions for 2023

Listing Spark

With the Texas real estate market constantly changing and evolving, it can be difficult to stay informed on current trends or predict what will happen in 2023. This left sellers either frantically trying to unload their properties or riding out the storm and hoping for values not too badly impacted by this spike in costs.

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2024 Texas Real Estate Housing Report

Listing Spark

On the heels of the largest run up in home values in recorded history, we saw an abrupt and heavy shift that’s been challenging to grapple with for sellers and buyers. It was an inevitable end to arguably the greatest run-up in home values in history. Some markets were affected more than others. or 8% interest rate.

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ROOTING HARD FOR LOWER MORTGAGE RATES

Will Springer Realtor

BY THE NUMBERS >> Seattle metro leads the nation with construction cranes – 45 – according to a Q3 summary from the RLB Crane Index. That includes 36 new cranes since the previous report, and it is more than larger U.S. That includes 36 new cranes since the previous report, and it is more than larger U.S. 14 nationally with 5.5%

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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

Some developers are delivering smaller homes in the form of four- and six-plex townhomes on a parcel of land that once featured a single-family house. Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). The report found that 91.3K

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