Texus Monthly Market Update August 2024

The Texas real estate market continues to show dynamic shifts, particularly in Austin, San Antonio, and the Rio Grande Valley. With the Federal Reserve recently reducing interest rates, mortgage rates have dropped, creating an encouraging environment for both buyers and sellers. This is great news, especially for Austin, where closed sales have seen a promising year-over-year increase. As the ripple effects of this growth make their way across other Texas markets, we can expect potential upticks in San Antonio and the Rio Grande Valley as well. This market update dives into the latest trends and what they mean for buyers and investors alike.

Sellers, stay optimistic! A successful sale is within reach with the right strategy. By focusing on strong marketing and setting competitive, well-targeted list prices, you can still achieve your goals in this market. We’re here to guide you every step of the way, ensuring you make informed and confident decisions for your next real estate move. Don’t hesitate to reach out for expert advice—plus, we can provide up-to-date, personalized market stats tailored just for you. Let’s work together to make your sale a success!

Our monthly market update features all the information you need about local real estate trends from the last month. Check it out!

San Antonio Market Stats Mcallen Market Stats

 

About the Author
Israel Gutierrez
Israel is a Native Texan and an Austinite for over 23 years. He enjoys fine art, sports, mountain biking, technology, and, most of all, Austin life with his family. He has a degree in Graphic Design from the Art Institute of Houston and a Bachelor of Arts in Business from Concordia University at Austin. Israel also holds a State of Texas Real Estate Broker License.