Real Estate Market Update | October 16th, 2024 | Market Trends & Tips for Buyers & Sellers

Jennifer Yoingco
Jennifer Yoingco
Published on October 16, 2024

🚨 Real Estate Market Update – October 16, 2024! 🚨 #shorts #realtor #realestateagent #fyp

📉 Mortgage applications dropped by 0.1% as rates hit 6.6%—inflation is driving this rise, making it tougher for buyers!
🏡 Inventory stays flat at 734K homes, while price reductions climb to 39.6% 📈—seasonal adjustments are kicking in.
💥 Buyer activity is UP for 6 straight weeks! Now maybe your chance to act before rates fall again.
📊 Sellers, expect typical seasonal slowdowns, but rates might stabilize soon.
💼 Investors, the build-to-rent market is booming! More homes are being built just for rent!

Ready to make a move? 🏡 Contact me today for expert advice!

👀 Like, Share, & Subscribe for more updates! 👇

🔑 #RealEstateUpdate #HousingMarket #Buyers #Sellers #Investors #Relocation #MortgageRates #HoustonRealEstate #HomeSellingTips #BuyAHouse #RelocateToHouston #jenniferyoingcorealtor #JenniferYoingcoTexas #houstonsuburb #houstonsuburbs #houstonsuburbgroup #livinginhoustontexas #livinginhouston #realtor #realestate #realtorhouston #realestateagent #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

Want to know the value of your home?
Our staff will figure it out for you for FREE.

Let's Talk Real Estate!

chat_bubble
close
Get A FREE Home Valuation!
LET'S DO IT!
X