As you’ve probably heard, interest rates are the lowest we have seen in over a year and a half. This has caused the Central Texas real estate market to shift in favor of buyers and gives them more purchasing power. Many sellers see low interest rates as a disadvantage, making them hesitant to list their homes; however, low interest rates can also benefit sellers. Let’s dive in! Benefits For...
The latest Central Texas Housing Report revealed 4.9 months of inventory and 12,211 active home listings for May, both increases from May 2023. These increases give buyers more options, which gives them more power to take their time and be more selective. While these increases might lead people to believe there is a shift to a buyer’s market, that’s not entirely true. Higher interest rates...
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