Killeen-Temple MSA February 2024 Housing Report

By |2024-03-17T13:26:06-05:00March 17, 2024|Market Reports|

*Please keep in mind this is for the entire Killeen-Temple Metropolitan Statistical Area (MSA). If you want zip code specific stats, I am happy to get them to you!* First up, we have the Months Supply of Inventory, which currently stands at 3.8. This number tells us how long it would take for all the current homes on the market to be sold if no new listings were added. A lower number like this typically indicates a seller's market, where demand is high and supply is limited. Next, we have the 12-Month Change in Months of Inventory, which has seen [...]

Killeen-Temple MSA January 2024 Housing Report

By |2024-02-20T10:11:22-06:00February 15, 2024|Market Reports|

Please keep in mind this is for the entire Killeen-Temple *metropolitan statistical area (MSA). If you want zip code specific stats, I am happy to get them to you! First up, we have the Months Supply of Inventory, which currently stands at 3.6. This number tells us how long it would take for all the current homes on the market to be sold if no new listings were added. A lower number like this typically indicates a seller's market, where demand is high and supply is limited. Next, we have the 12-Month Change in Months of Inventory, which has seen [...]

Killeen-Temple MSA November 2023 Housing Report

By |2023-12-22T12:23:37-06:00December 22, 2023|Market Reports|

Please keep in mind this is for the entire Killeen-Temple *metropolitan statistical area (MSA). If you want zip code specific stats, I am happy to get them to you! First up, we have the "Months Supply of Inventory," which currently stands at 3.8. This metric indicates how many months it would take to sell all the available homes on the market, given the current pace of sales. A lower number suggests a seller's market, where demand outpaces supply, and homes tend to sell quickly. However, the "12-Month Change in Months of Inventory" has seen an increase. This means that over [...]

Embracing Change: When Life Calls for a Move

By |2023-12-01T12:15:46-06:00November 19, 2023|Real Estate Video|

Life is full of surprises, and those surprises often lead to big changes. Whether you're welcoming a new addition to your family, saying goodbye to a loved one, embarking on a new career, or retiring from the workforce, life events can sometimes call for a move. In this brief video, we'll explore some of the most common life-changing events that people face and how they can inspire a move. If you're experiencing a life-changing event that's moving you to buy or sell, don't hesitate to reach out. I can help you make the most of this transitional period in your [...]

Killeen-Temple MSA October 2023 Housing Report

By |2023-11-18T11:40:38-06:00November 15, 2023|Market Reports|

Please keep in mind this is for the entire *metropolitan statistical area. If you want zip code specific stats, I am happy to get them to you! First up, we have the "Months Supply of Inventory," which currently stands at 3.7. This metric indicates how many months it would take to sell all the available homes on the market, given the current pace of sales. A lower number suggests a seller's market, where demand outpaces supply, and homes tend to sell quickly. However, the "12-Month Change in Months of Inventory" has seen a slight increase. This means that over the [...]

Killeen-Temple MSA September 2023 Housing Report

By |2023-10-18T10:51:47-05:00October 16, 2023|Market Reports|

Please keep in mind this is for the entire *metropolitan statistical area. If you want zip code specific stats, I am happy to get them to you! Hey there, Killeen- Temple area neighbors! Ashley Billins here, your trusted REALTOR®. Let's dive into the latest market trends for September 2023. Did you know that there's currently a 3.5 Months Supply of Inventory? That means we are still in a seller's market, but finally approaching more balance between supply and demand in our area. And guess what? Over the last 12 months, Months Supply of Inventory has increased by a whopping +43.3% [...]

Killeen-Temple MSA August 2023 Housing Report

By |2023-09-14T17:16:02-05:00September 14, 2023|Market Reports|

When it comes to understanding the real estate market, there are several key metrics that can provide valuable insights for both buyers and sellers. Let's dive into the correlation between these metrics and what they mean for you. First, let's take a look at the months supply of inventory, which stood at 31 in August. This metric represents the number of months it would take to sell all the available homes on the market, given the current sales pace. A lower months supply indicates a seller's market, where demand outpaces supply, putting sellers in a favorable position. However, it's important [...]

What’s in Store? Decoding Mortgage Rate Trend Predictions

By |2023-12-01T12:17:32-06:00July 19, 2023|Real Estate Video|

In this brief video, I dive into the burning question everyone wants to know: "What's going to happen with mortgage rates?" While I can't predict the future, I'll share valuable insights from industry experts and tell you the advice I’m currently giving to my Austin, TX home buyers. My goal is to provide you with a clear understanding of the housing market, empowering you to make informed decisions whether you're a prospective home buyer or just curious about economic trends. If you have any questions or would like talk about real estate or your home buying and selling goals, please [...]

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