🏡 Real Estate Market Update 🏡
🚨 Here’s what you need to know this week:
📉 Mortgage applications are down by 2.2%, while inventory rose to 677K homes!
🏠 Price reductions now affect 39% of active listings, with rates holding steady at 6.9%.
📊 Buyers: FNMA predicts a slight rate drop & a 6.6% increase in home values for 2024. Be cautious about waiting!
💸 Sellers: Act fast! Home prices have peaked, and price decreases are climbing. Use financing incentives to attract buyers.
💼 Investors: With the Housing-Cost-to-Income Ratio over 43%, there’s strong rental growth potential.
👉 Stay ahead of the curve with these market trends!
🔑 Ready to buy or sell? Contact me today!
#RealEstateUpdate #HomeSellingTips #HomeBuying2024 #RealEstateInvesting #HousingMarket #Relocation #HomeSellers #BuyersMarket #realestate #home #texascity #homebuyers #realtor #realestatebuyers #houstonrealtors #houston #realestateinvesting #jenniferyoingcorealtor #JenniferYoingcoTexas #houstonsuburb #houstonsuburbs #houstonsuburbgroup #livinginhoustontexas #livinginhouston #realtor #realestate #realtorhouston #realestateagent #jenniferyoingcoyoutube #houstonpinoyrealtor #filipinorealtor #filipinohoustonrealtor #houstonfilipinorealtor #houstonrealtor #houstonrealtors #texasrelocationexperts #HoustonRelocationExpert #HoustonRelocationSpecialist #NurseRelocationExpert #NurseRelocationSpecialist #newhomeconstruction #springtexas #tomballtexas #thewoodlandstexas #conroetexas #montgomerytexas #cypresstexas #newcaneytexas #portertexas #katytexas #pearlandtexas #richmondtexas #fulsheartexas #sugarlandtexas #houstontexas #magnoliatexas #hockleytexas #missouricitytexas #pinehursttexas #jerseyvillagetexas #humbletexas #willistexas
