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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.
Data from the S&P Global Market Intelligence found that since January 2022, approved home insurance rates have increased between 20% and 30% in Texas, Oregon, Utah, Arizona, Illinois, and North ...
More homeowners are listing their homes for sale, but properties are taking longer to sell as potential buyers face high prices and interest rates.
But housing experts expect there to be more homes on the market next year as buyers and sellers come to terms with today’s higher-rate world. The housing market has been effectively stuck since ...
The housing market has been through a lot of changes over the past four years. Prices fell in the very early days of the pandemic, but as mortgage rates fell to all-time lows, buying picked up and...
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 ...
“In today’s housing market, the typical 25-34 year-old buyer would only spend about 25% of their income on housing in Wichita falls, less than the 30% rule-of-thumb.” 2. Lockhart
And housing starts have still not recovered from the bursting of the housing bubble in the mid-2000s. Divide between haves and have-nots The forecast for a “stuck” housing market cuts both ways.