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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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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.

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ROOTING HARD FOR LOWER MORTGAGE RATES

Will Springer Realtor

1, that requires buyers wishing to work with a licensed real estate broker to sign a services contract. The pact clarifies certain terms, including whether they will have an exclusive contract with the broker or non-exclusive, and how brokers will be compensated for their services. (I Olympia also established a law, effective Jan.

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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.”. In fact, Coronado said for some markets that have experience rapid home-price appreciation, a decline in home values may benefit the overall market. “At

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A CALL FOR MORE ACCESSORY DWELLINGS AMID HOUSING CRUNCH

Will Springer Realtor

SmartAsset used three metrics – home value growth, income growth and housing demand – to reach its findings. >> Returning to work will come with a price. The market recalibration continues across King County with a sharp drop in new listings, Pending sales and closings while prices decline. CONDO NEWS.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

They wonder if they missed their opportunity to buy before interest rates rise along with home values. Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. Eighty-four percent of buyers said energy efficiency of a future home is important to them. New listings are up 6.3%