Found 3 blog entries tagged as listing prices.

MYSA writes, "In the market for a new home? What better place than right here in Central Texas.

Two Texas cities ranked among the best in the nation for the largest price slashes within their respective housing markets, marking a real estate haven for first-time homebuyers and more experienced house hunters, according to a report from Realtor.com released on Monday, June 23. Both the South and the West led the way in the biggest cost cuts, with Phoenix ranking supreme with 31.3% of its Arizona home listings featuring a price cut.


Coming in second was Tampa with a 29.9% slash in home listing costs, with Denver trailing slightly behind at a 29.4% share of listings featuring reduced prices. In fourth place, Texas made its mark with the capital city,…

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Median home prices in the Austin-Round Rock metro fell slightly to $450,000 last month. Photo by Madelyn Bordi on Unsplash

CultureMap Austin shares, "Austin's homebuyers are uncovering an uncertain future for the housing market, as April sales took a nearly 14 percent dip from last year and housing inventory increased by 11.5 percent.

The latest real estate report from the Austin Board of Realtors (ABoR) and Unlock MLS said Austin's April housing data closely resembles a nationwide trend of higher mortgage rates and a decline in home sales.

New home listings in the Austin-Round Rock-San Marcos metropolitan statistical area (MSA) rose to 5,710 homes in April, adding to a total number of 13,351 active home listings. That's nearly 20 percent more from April 2024.

Only 2,484 homes in the Austin area were sold in April, and median home prices took a small 3.2 percent…

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Realtor.com shares, "mortgage rates climbed from 6.44% last week to 6.54% for a 30-year fixed home loan for the week ending Oct. 24, according to Freddie Mac.

“The continued strength in the economy drove mortgage rates higher once again this week,” Sam Khater, Freddie Mac’s chief economist, said in a statement. “Over the last few years, there has been a tension between downbeat economic narrative and incoming economic data stronger than that narrative. This has led to higher-than-normal volatility in mortgage rates, despite a strengthening economy.”

Unfortunately for would-be homebuyers—and sellers—this uptick marks the fourth week in a row that mortgage rates have risen.

“This rapid run-up in mortgage rates has sapped some of the burgeoning…

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