Houston Real Estate Market Update The Houston real estate market saw a slight increase in new listings this week, with a 0.7% uptick to 2,402 new listings compared to a year ago. However, pending sales took a hit with a 33.6% decrease to 1,781 pending sales. Many sellers have lost their motivation to sell, resulting…
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Two years ago, home interest rates were low and mortgage loan officers were seeing buyers who had gotten into bidding wars, waiving home inspections and appraisal contingencies, or having offers rejected. The beginning of 2023 is a very different real estate market, with Maryland’s bankers prioritizing helping buyers navigate their loan options. M&T Bank, a […]
Home prices moderating.
In San Antonio, anyone with $1.5 million can live in a Monte Vista home designed by the architect of the McNay that is listed on the National Register of Historic Places. In Castle Hills, $1.2 million buys a 4,476-square-foot estate with its own tennis court and swanky pool. While the San Antonio area isn’t exactly known…
Here’s what the two ends of the real estate world can tell us about this wacky housing market.
“Don’t listen to what’s happening on the coasts,” said one Kansas City real estate agent. “As always, what’s happening on the coasts is not what’s happening in the Midwest.”
The days of outrageous overbidding may be behind us.
As we closed out 2022, many of us were reflecting on the year behind us and anticipating the next. With market indicators ever present in the…
Last week’s housing market data provided mixed news, but the year-over-year purchase app numbers were the big story.
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