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For Texas, those cities are El Paso (ranked No. 4 in best real estate markets overall) and McAllen (No. 7). Looking for the best places to buy a house in the Lone Star State in 2025? Keep reading.
The Texas housing market has cooled after a frenzy of activity during the pandemic. Boomtowns like Austin are seeing home prices drop, while fewer people are moving to the state.
Texas and Florida secured seven of the top 10 best buyers’ markets in the U.S. while most of the country’s 50 largest cities are still in favor of sellers, the Zillow report shows.
More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates.
25. Buchanan Dam, Texas. January 2023 average home value: $390,776 January 2024 average home value: $357,933 YOY (%) change in average home value:-9.176% Difference from USA average home value ...
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
Prices also are still on the rise, increasing 1.8% month over month, or by almost $6,000, the Texas A&M report found. Overall, 56% of home sales were priced between $200,000 and $400,000.
The tea leaves are lining up in favor of homebuyers who can afford today’s higher mortgage rates.