April 9, 20241 yr Texas' Housing Market Tumbles Home sales in Texas fell to the lowest level in seven years in 2023, as persistently high mortgage rates kept buyers out of the market even as prices dipped modestly compared to 2022, according to a recent report by Texas REALTORS. Sales plunged by 11 percent last year, the report found, with a total of 327,921 sales—the lowest number since 2016. The drop happened despite homes in the state being generally a bit cheaper (down 1.4 percent) than they had been the year before with a statewide median price of $335,100. https://www.newsweek.com/texas-housing-market-trouble-1878738
April 9, 20241 yr 4 minutes ago, closetohumping said: Texas' Housing Market Tumbles Home sales in Texas fell to the lowest level in seven years in 2023, as persistently high mortgage rates kept buyers out of the market even as prices dipped modestly compared to 2022, according to a recent report by Texas REALTORS. Sales plunged by 11 percent last year, the report found, with a total of 327,921 sales—the lowest number since 2016. The drop happened despite homes in the state being generally a bit cheaper (down 1.4 percent) than they had been the year before with a statewide median price of $335,100. https://www.newsweek.com/texas-housing-market-trouble-1878738 I think high interest rates is the biggest contributor to the lack of home sales. If/when we drop to free money zone again, houses will be flying off the market.
April 9, 20241 yr 7 minutes ago, closetohumping said: Texas' Housing Market Tumbles Home sales in Texas fell to the lowest level in seven years in 2023, as persistently high mortgage rates kept buyers out of the market even as prices dipped modestly compared to 2022, according to a recent report by Texas REALTORS. Sales plunged by 11 percent last year, the report found, with a total of 327,921 sales—the lowest number since 2016. The drop happened despite homes in the state being generally a bit cheaper (down 1.4 percent) than they had been the year before with a statewide median price of $335,100. https://www.newsweek.com/texas-housing-market-trouble-1878738 $400,000 @ 3% = $1,686 $250,000 @7% = $1,663 Prices need to drop a hell of a lot more than 1.4%, and the amount of inventory under $250K is.....not good.
March 16Mar 16 2024 population estimates were released by the Census Bureau last week. https://www.texastribune.org/2025/03/13/texas-urban-population-census-2024/ https://www.census.gov/newsroom/press-releases/2025/population-estimates-counties-metro-micro.html
March 16Mar 16 42 minutes ago, bolverk said: 2024 population estimates were released by the Census Bureau last week. https://www.texastribune.org/2025/03/13/texas-urban-population-census-2024/ https://www.census.gov/newsroom/press-releases/2025/population-estimates-counties-metro-micro.html The south has risen my friends. Suck it coastal elites.
March 16Mar 16 1 hour ago, bolverk said: 2024 population estimates were released by the Census Bureau last week. https://www.texastribune.org/2025/03/13/texas-urban-population-census-2024/ https://www.census.gov/newsroom/press-releases/2025/population-estimates-counties-metro-micro.html Almost no one leaving Arizona and Utah
March 16Mar 16 45 minutes ago, GreenspointTexas said: Almost no one leaving Arizona and Utah Or Washington State.
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