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Prices for luxury homes soared in the first quarter 

Housing Wire

Luxury home prices in the U.S. year over year in the first quarter of 2024, with the median price hitting a record $1.225 million, according to data from Redfin. In comparison, prices for non-luxury homes rose by 4.6% High-end buyers tend to be more immune to mortgage rate fluctuations and flock to the luxury housing market.

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While the Austin housing market isn’t sizzling, agents say it is still warm

Housing Wire

It is nearly April, which means temperatures in the Austin metropolitan area are heating up — and so is the housing market. As of March 22, 2024, the 90-day average median number of active single-family listings in the Austin metro area was 6,895 — up from an all-time low of 1,070 listings in April 2021.

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Residential Appraisals and Airbnb Income?

Appraisal Today

Excerpts: The housing market sizzle has faded and we’ve entered a different season. We’ve basically said goodbye to the most aggressive housing market ever, and we’re in a new market now. Granted, the housing trend still feels elevated from normal, so it’s an error to call this market cold.

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TRACKING THE SINGLE HOUSEHOLD AND OTHER LIFESTYLE CHOICES

Will Springer Realtor

. >> Commercial real estate firm Berkadia projects about 21,700 apartment units will come online in 2024 across King and Pierce counties combined. Note: Average prices include all home sales – including ultra-luxury properties – and do not portray the housing market as accurately as median prices.)