1. Months Supply of Inventory (MSI): Currently, the MSI is 8.49, meaning it would take just over eight months to sell all homes on the market at the current sales pace. This suggests an increasing availability of homes for buyers. 2. 12-Month Change in Months of Inventory: There’s been a significant increase of +124.6% in the MSI compared to last year. This indicates that the inventory of homes...
2024
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As a real estate professional, it is important to understand the correlation between various metrics in the market to help buyers and sellers make informed decisions. Starting with the Months Supply of Inventory, which is currently at 8.49, this indicates the number of months it would take to sell all available homes on the market if no new listings were added. A lower supply typically indicates a...
This is what you’re facing: The real estate market can be overwhelming, especially in today’s competitive landscape. Whether you’re looking to buy or sell, there are countless details to manage—pricing, staging, negotiating, and closing. Without the right strategy, you could be leaving money on the table or facing unnecessary stress and delays. This is how I can help you solve that: I...
1. Issuance Process Private Placement: Unlike publicly issued bonds, privately placed bonds are sold directly to institutional investors, such as banks, insurance companies, or high-net-worth individuals. The placement process is often quicker and involves fewer regulatory requirements. Issuers: Typically, state or local governments, municipalities, or qualified non-profits (such as hospitals or...
Interest rates have a significant impact on the economy, influencing everything from consumer spending to business investment. For homeowners and potential buyers, mortgage interest rates are a crucial factor that can make a big difference in affordability. Recently, many are wondering if and when interest rates might go down, potentially hitting the mid-4% range again. Here’s a detailed look at the...
For veterans and active-duty service members, the VA home loan program offers a remarkable opportunity to purchase or refinance a home with favorable terms. If you are in Texas, understanding how to utilize these benefits can make the home-buying process smoother and more cost-effective. Here’s a comprehensive guide on how to get VA home loan benefits in Texas. What is a VA Home Loan? A VA home...
These changes help consumers understand the cost of doing business. It is the consumers responsibility to quit hiring flashy agents off Instagram. The new Texas real estate contracts bring significant changes for both consumers and the real estate industry. For consumers, these contracts offer enhanced clarity and protection, ensuring better understanding of terms and conditions. Key updates include...