National Real Estate Market Update for 2023
There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further repercussions. While analysts expected listing inventory to swell as sales declined, instead, homeowners have been pushing off plans to sell because they feel beholden to their existing, lower mortgage rates. So what impact is this reduced demand and low supply environment having on home values? [...]
Austin-Round Rock MSA April 2023 Housing Report
Staying informed about the latest housing market trends is essential for home owners, sellers, and buyers! Here you can see the Texas REALTORS® snapshot of the April housing market report for the Austin-Round Rock Metropolitan Area. It provides key metrics such as active listings, closed sales, median house price, and days on market. By understanding these numbers, you can gain valuable insights into the current state of the local Austin housing market and make more informed decisions. Active Listings: The number of active listings represents the total properties available for sale during a specific period. In the April housing market [...]
My Home Didn’t Sell! Now What?
When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can end up stuck (months later) with a property that hasn’t sold. If that’s you, don’t panic! I’ve outlined the top five reasons a home doesn’t sell—and action steps you can take to overcome each of these issues. Not sure why your property didn’t sell? If [...]
Killeen-Temple February 2023 Housing Report
Check out this photo snapshot of the local Killeen-Temple real estate market for February 2023. This infographic provides a quick and easy to understand overview of the market, helping buyers and seller like you stay informed and make well-informed decisions. If you have any questions about the data, please feel free to reach out. As a local expert and real estate agent, I am happy to help you in any way. So, please don't hesitate to reach out!
Killeen-Temple January 2023 Housing Report
If you're reviewing the housing report and have questions about the data or want to know more, I'm here to help. As a local area expert, I understand the nuances of the local real estate market and can provide you with valuable insights. January can be a unique time in the real estate market, as the holiday season has just passed and many people are starting to think about their goals for the new year. This can create opportunities for both buyers and sellers, and it's important to stay informed about the latest trends and developments in the local market. [...]