Texas Realtors
Recent News About Texas Realtors
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Texas Home Sales Remain Steady in the First Quarter of 2024
The number of Texas homes sold in the first quarter of 2024 remained consistent with the previous year, as reported in the Texas Quarterly Housing Report by Texas REALTORS®. According to Jef Conn, chairman of Texas REALTORS®, "market conditions vary by location, and about forty percent of Texas metro areas actually saw an increase in sales compared to the first quarter last year."
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California to Texas: The Top State-to-State Move in the U.S.
Approximately 102,000 Californians moved to Texas, more than any other state-to-state relocation in the U.S. in 2022, according to data from the U.S. Census recently analyzed by Texas REALTORS® in its 2024 Relocation Report.
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Texan Homebuyers Express Satisfaction with Real Estate Process
Texan homebuyers and sellers have shown continued confidence in the real estate process, with a high level of satisfaction reported in the 2024 Texas Homebuyers and Sellers Report from Texas REALTORS®. The report indicates that despite rising mortgage rates and home prices, individuals in Texas view their home purchases as good long-term investments.The report reveals that 31% of all buyers were first-time buyers, reflecting a 7-point increase from the previous year. Additionally, 60% of buyers identified finding the right home as the most challenging step in the process,...
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Texas Home Sales Dipped in 2023; Median Prices Were Mixed
Texas REALTORS® released their 2023 Texas Real Estate Year in Reviewreport, noting a nearly 11% decline in home sales in Texas last year. Jef Conn commented on the impact of higher mortgage rates on the market, stating, “While higher mortgage rates kept some buyers on the sidelines last year, that has led to a lot of pent-up demand.” He also mentioned that sales have started to pick up early in the year, indicating an active market for the upcoming spring.In terms of median prices, the report highlighted mixed trends in 2023. Median prices in...