Congress passed landmark housing affordability legislation advancing one of the most significant federal housing packages in nearly two decades. The final package combines nearly 50 individual housing proposals addressing housing supply, affordability, financing, zoning, workforce development, fair housing, property rehabilitation and other housing challenges. Full article here: Landmark Housing...
NAR’s current forecast calls for existing-home sales to rise 4% this year, with the median home price also climbing 4%. Mortgage rates are projected to average 6.5% in 2026. Yun added that housing wealth accumulation will continue in 2026, with the typical homeowner gaining approximately $16,000 in wealth this year. Full article here: NAR Chief Economist Lawrence Yun Says Home Sales Expected to...
Existing home sales rose to a five-month high in May as more first-time buyers stepped back into the market. The share of first-time buyer reached 35% in May, the highest since June 2020. Full article here: Existing Home Sales Increased in May (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open the link/article above, please let me know so I can get it to you another...
If the housing market feels confusing right now, you’re not alone. Mortgage rates have risen. Home sales haven't picked up like expected. And many buyers and sellers are wondering when things are going to feel easier or be more affordable. The truth is: a lot changed over the first half of this year. Full article here: The Mid-Year Housing Market Update: Why Forecasts Changed in 2026 (512)...
Let's be real with each other for a second about affordability. Because you deserve someone who will be honest and transparent about what’s going on, especially if you’ve got a move on your mind. Here’s the full picture of what’s happening and why. Full article here: The Truth About Affordability Today (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open the...
It’s one of the biggest hold ups some buyers have right now: “What if I buy, and home prices go down?” With everything in the news, that concern makes some sense. No one wants to make a big financial decision at the wrong time. But here’s what’s important to know. You don’t want to get hung up on the few places seeing slight declines right now. Full article here: Are Home Prices Going...
The 21st Century ROAD to Housing Act takes important steps to close the nation’s housing supply gap and make homes more affordable. The bill gives communities new tools and resources to build more homes, streamlines federal processes that delay construction and updates financing options for manufactured and rural housing. Full article here: Modified 21st Century ROAD to Housing Act Passes in the...
Most sellers come into the market with one number in mind. And it’s often the one that costs them the most. That's their asking price. A survey from Realtor.com shows about 8 in 10 (80%) of sellers expect to sell at or above their asking price today. But here’s where things get interesting. Full article here: The Pricing Mistake That Could Cost You Your Sale (512) 853-0110...
You've probably seen the headlines saying, "foreclosures are on the rise,” and maybe your mind jumped straight to 2008. That’s understandable. A lot of people remember that crash and all the foreclosures that happened during that window, and they’re hoping something like that never happens again. But this isn’t a repeat of what happened back then. Full article here: What the Foreclosure...
The U.S. housing market showed mixed but generally improving conditions in March, as new home sales strengthened and price pressures continued to ease. Full article here: New Home Sales Rise, Supported by Limited Existing Inventory (512) 853-0110 or robert@AustinTxHomeSales.com If you are unable to open the link/article above, please let me know so I can get it to you another...
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