Real Estate Market Update July 1 2024 | 📈 Market Trends & Tips for Buyers & Sellers

Jennifer Yoingco
Jennifer Yoingco
Published on July 17, 2024

🏡📈 National Market Update | July 1, 2024 📅

🚀 Applications are UP by 0.8%, showing growth for the third consecutive week!
🔻 Price reductions have increased to 36.9% of active listings—a 0.5% jump from last week. Meanwhile, rates hold steady at about 7%. 💸

👀 For Buyers: Inventory is on the rise and rates are stable. Considering a purchase? Now might be the perfect time, as prices could climb if growth slows. Don’t miss out!

🏠 For Sellers: Seeing more price reductions during this season is unusual. To make a successful sale, pricing your home correctly is key. Let’s get it right!

📲 Stay tuned for more updates and don’t forget to like, share, and subscribe for the latest in real estate insights! Whether you’re buying locally, relocating, or selling your home, we’ve got the insights you need!

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**Jennifer Yoingco is a full-time licensed Houston Texas REALTOR (#648293) with Walzel Properties, LLC. She has been helping first-time homebuyers, experienced buyers and sellers search homes for sale, houses for sale in the greater Houston area (serving Houston, Tomball, Spring, The Woodlands, Cypress, Conroe, Magnolia, Sugarland, Richmond, and the surrounding cities). She negotiates to the clients’ advantage by using cutting-edge digital marketing technology. She is teamed with marketing professionals who can showcase the home to the best advantage. Contact her (@ Jennifer Yoingco, Your Living in Houston Texas Realtor!) for any real estate needs. Email: JenYoingco7@gmail.com (832)286-8636**

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