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Austin-Round Rock Area February 2024 Housing Report

By |2024-03-17T13:27:30-05:00March 17, 2024|Market Reports|

*Please keep in mind this is the Metropolitan Statistical Area (MSA) for the Austin-Round Rock area. If you want specific stats relative to your zip code, please reach out so I can get them to you!* Hey there, buyers and sellers! Let's talk about some key real estate metrics that can give you a better understanding of the current market conditions. First off, we have the Months Supply of Inventory, which is sitting at a healthy 3.2 months. This means that if no new homes were to come on the market, it would take about 3.2 months to sell all [...]

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Killeen-Temple MSA February 2024 Housing Report

By |2024-03-17T13:26:06-05:00March 17, 2024|Market Reports|

*Please keep in mind this is for the entire Killeen-Temple Metropolitan Statistical Area (MSA). If you want zip code specific stats, I am happy to get them to you!* First up, we have the Months Supply of Inventory, which currently stands at 3.8. This number tells us how long it would take for all the current homes on the market to be sold if no new listings were added. A lower number like this typically indicates a seller's market, where demand is high and supply is limited. Next, we have the 12-Month Change in Months of Inventory, which has seen [...]

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Austin-Round Rock Area January 2024 Housing Report

By |2024-02-20T10:22:56-06:00February 15, 2024|Market Reports|

Please keep in mind this is the Metropolitan Statistical Area (MSA) for the Austin-Round Rock area. If you want specific stats relative to your zip code, please reach out so I can get them to you! Whether you're a buyer or a seller, the information contained in the infographic above is crucial in navigating the ever-changing real estate market. So, let's jump right in! First up, let's look at the Months Supply of Inventory, which currently stands at 3.0. This metric represents the number of months it would take to sell all the homes on the market if no new [...]

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Killeen-Temple MSA January 2024 Housing Report

By |2024-02-20T10:11:22-06:00February 15, 2024|Market Reports|

Please keep in mind this is for the entire Killeen-Temple *metropolitan statistical area (MSA). If you want zip code specific stats, I am happy to get them to you! First up, we have the Months Supply of Inventory, which currently stands at 3.6. This number tells us how long it would take for all the current homes on the market to be sold if no new listings were added. A lower number like this typically indicates a seller's market, where demand is high and supply is limited. Next, we have the 12-Month Change in Months of Inventory, which has seen [...]

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Ways Your Home Equity Can Help You Reach Your Goals

By |2024-01-15T12:08:33-06:00January 15, 2024|Real Estate|

If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between how much your home is worth and how much you owe on your mortgage.” That means your equity grows as you pay down your home loan over time and as home values climb. While it’s true home prices dipped slightly last year, they rebounded and have been climbing in many areas since then. Here’s why that price growth is good [...]

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3 Keys To Hitting Your Homeownership Goals in 2024

By |2024-01-01T12:23:13-06:00January 1, 2024|Real Estate|

If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus. Over the last year, the economy had a big impact on the housing market, and likely on your wallet too. That’s why it’s critical to have a clear picture of not just the market today, but also on what you want out of it when you buy or sell a home. Danielle Hale, Chief Economist at Realtor.com, explains: “The key to making a good decision in this challenging housing [...]

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Austin-Round Rock Area November Housing Report

By |2023-12-22T12:12:38-06:00December 22, 2023|Market Reports|

Please keep in mind this is the Metropolitan Statistical Area (MSA) for the Austin-Round Rock area. If you want specific stats relative to your zip code, please reach out so I can get them to you! Whether you're a buyer or a seller, the information contained in the infographic above is crucial in navigating the ever-changing real estate market. So, let's jump right in! First up, we have the Months Supply of Inventory, which currently stands at 3.7. This metric represents the number of months it would take to sell all the homes on the market if no new listings [...]

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Killeen-Temple MSA November 2023 Housing Report

By |2023-12-22T12:23:37-06:00December 22, 2023|Market Reports|

Please keep in mind this is for the entire Killeen-Temple *metropolitan statistical area (MSA). If you want zip code specific stats, I am happy to get them to you! First up, we have the "Months Supply of Inventory," which currently stands at 3.8. This metric indicates how many months it would take to sell all the available homes on the market, given the current pace of sales. A lower number suggests a seller's market, where demand outpaces supply, and homes tend to sell quickly. However, the "12-Month Change in Months of Inventory" has seen an increase. This means that over [...]

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