🔔 Quick Real Estate Market Update! 🏡✨
📈 Mortgage applications jumped by 16.8%, signaling intense buyer competition! Inventory is now at 693,000 homes—up 40% from last year. Price reductions are at 39.4% of active listings, and this trend may hit 40% this fall. Mortgage rates slightly increased to 6.6%. 📊
For Buyers: 🔑 Buyer activity is up 20% from last month! With competition rising, now is the perfect time to lock in your rate and maximize your buying power! 💪
For Sellers: 📢 Sellers, consider a temporary buydown to attract buyers in this competitive market. As inventory grows, creating demand is key! 🌟
For Investors: 💼 Single-family homes converted to rentals within six months have surged by 390% since 2020—don’t miss out on this rental market opportunity! 🚀
👉 If you’re looking to buy, sell, or invest—whether locally or relocating—let’s connect!
#RealEstateUpdate #MarketTrends #HomeBuyers #HomeSellers #InvestingInRealEstate #Relocation #BuySellInvest #short #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
