School is back, and so is football!! Closed prices are finally showing a market current in both Austin and the Brownsville-Harlingen Markets, while San Antonio has held steady with values, and sales prices in the McAllen area are up. Rates dipped recently, and some buyers are seeing rates in the high 5s as buyer activity increases. Additionally, the news of upcoming federal rate drops in September is also encouraging, as many buyers who were holding off are finally entering the market. Investors are taking advantage of new home builders who have opened their doors and offer low interest rates to facilitate purchases.
Sellers, don’t lose hope. A successful sale hinges on excellent marketing and accurately targeted list prices, so seeking professional advice is essential. We’re here to assist you in making sound decisions for your next real estate move, so don’t hesitate to contact us. Additionally, we can provide you with up-to-the-minute stats tailored to your specific market.
Our monthly market update features all the information you need about local real estate trends from the last month. Check it out!
