Study: Florida Dominates List of Most Overvalued Housing Markets

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Florida metros make up six of the 10 most overvalued housing markets in the nation.

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The Housing Market Has Started to Recover

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While the market has begun to recover, we’re not out of the woods yet. Buyers are coming back, but sellers have been slower to return.

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San Antonio beats out Austin as 2023 real estate market to watch

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Sorry, Austin. Try again next year.

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How the housing market will evolve in 2023

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The second half of 2023 promises to be better than late 2022 as rates ease, demand rises and more homeowners will be willing to sell.

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This Utah county’s home prices see first yearly drop since 2011

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Housing market prices in Salt Lake County are now down 17% from the May 2022 peak.

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Morad Fiki, MBA on LinkedIn: #realestate #investment #opportunity #growth #investments

Houston Real Estate Market Update The Houston real estate market saw a slight increase in new listings this week, with a 0.7% uptick to 2,402 new listings compared to a year ago. However, pending sales took a hit with a 33.6% decrease to 1,781 pending sales. Many sellers have lost their motivation to sell, resulting in a 51% increase in sellers withdrawing their listings from the market, or a total of 1113 listings being withdrawn from the Multiple Listing Service (MLS) of the Houston Association of Realtors (HAR). Closings were also down by 28% from a year ago, with a decrease to 1,043 closed sales. Showings on listed properties in the Greater Houston metropolitan area were slightly down by 5.7%, with a decrease to 40,375 showings. Online, HAR.com listing views were down by 24.8% with a decrease to 9,805,664 listing views during this week. Overall, the Houston real estate market is experiencing a slowdown in sales and a decrease in consumer interest. However, there is some positive news as inventory levels are 10% higher than a year ago, offering more options for buyers. Additionally, single-family housing starts increased 11% from November to the best level since August, providing hope for an increase in new home construction. It is worth noting that the Houston real estate market is not alone in its struggles. The national housing market is also facing challenges, with sales of existing homes falling for the eleventh straight month in December to the lowest level since 2010 and 35% lower than last year at this time. Inventory levels are also lower than desired, with just a 2.9-month supply nationwide. Additionally, consumer spending, which accounts for over two-thirds of US economic activity, has seen a decline with a 1.1% plunge in retail sales from November. Investors will be closely monitoring the release of economic data this week, including fourth quarter gross domestic product (GDP) and the core PCE price index, for insight into the overall state of the economy and its potential impact on the housing market. The next Fed meeting will take place on February 1st, where investors will also look for guidance on future rate hikes and bond portfolio reduction. #realestate #realtors #housing #sales #motivation #data #construction #future #retail #economy #houston #HoustonRealEstate #HoustonRealEstateAgent #HoustonRealtor #HoustonRealtors #HoustonTX

Mortgage providers educating consumers as they confront the changing real estate market

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Two years ago, home interest rates were low and mortgage loan officers were seeing buyers who had gotten into bidding wars, waiving home inspections and appraisal contingencies, or having offers rejected. The beginning of 2023 is a very different real estate market, with Maryland’s bankers prioritizing helping buyers navigate their loan options. M&T Bank, a …

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Cool Huntsville housing market creeps upward in December

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Home prices moderating.

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Here’s what $2.1 million buys you in the San Antonio

In San Antonio, anyone with $1.5 million can live in a Monte Vista home designed by the architect of the McNay that is listed on the National Register of Historic Places. 

In Castle Hills, $1.2 million buys a 4,476-square-foot estate with its own tennis court and swanky pool. 

While the San Antonio area isn’t exactly known for its luxury real estate, the Alamo City and other cities that comprise Bexar County have a lot to offer. 

You might also like: 6 over-the-top luxury real estate listings in the San Antonio area

Below are homes on the San Antonio Board of Realtors’ website that a buyer can purchase for between $1 million and $2 million in the Bexar County real estate market. All of these homes have been placed on the market within the last two weeks. 

The home on 3 Chatsworth Way is listed for $2.1 million. It's a 6,664-square-foot contemporary home with four bedrooms, five bathrooms and one half bathroom. 

The home on 3 Chatsworth Way is listed for $2.1 million. It’s a 6,664-square-foot contemporary home with four bedrooms, five bathrooms and one half bathroom. 

San Antonio Board of Realtors

3 Chatsworth Way | $2.1 million: A 6,664-square-foot contemporary home with four bedrooms, five bathrooms and one half bathroom. 

Built in 1993 and recently remodeled, the home has three separate living spaces, each sized for entertaining. The first-floor master suite includes a private sitting area and a dedicated coffee station with a Miele espresso machine, refrigerator and dishwasher. Outside is a generously covered patio, pool and spa. 

The home on 3 Chatsworth Way is listed for $2.1 million. It's a 6,664-square-foot contemporary home with four bedrooms, five bathrooms and one half bathroom. 

The home on 3 Chatsworth Way is listed for $2.1 million. It’s a 6,664-square-foot contemporary home with four bedrooms, five bathrooms and one half bathroom. 

San Antonio Board of Realtors

43 Galleria Dr | $2.1 million: A 4,758-square-foot home on 1.26 acres that sits “behind wrought iron gates” and offers “complete privacy with majestic Hill Country views.” 

This home at 43 Galleria Dr.  is listed for $2.1 million. 

This home at 43 Galleria Dr.  is listed for $2.1 million. 

San Antonio Board of Realtors

Built in 2001, the home includes four bedrooms, four bathrooms and two half bathrooms. The interior highlights include a grand entry with two-story ceilings, a formal dining area with vaulted ceilings and a fireplace. There’s a master wing and a second-floor patio with a game room and balcony. Outside are an infinity-edge pool and spa, a fireplace, and a pool house. 

420 Happy Trail | $1.7 million: The 6,174-square-foot Shavano Park home is on a little over an acre and includes five bedrooms, six bathrooms and one half bathroom. 

“The property was impeccably constructed to the highest standards offering a balance of elegance and comfort whilst marrying the sophisticated architecture with a touch of traditional charm,” according to the property’s listing. 

This home at 420 Happy Trail is listed for $1.7 million.

This home at 420 Happy Trail is listed for $1.7 million.

San Antonio Board of Realtors

Among the interior highlights are a grand foyer and 18-foot-high ceilings. Outside are a spa-like pool, a covered patio and a pickleball court. 

501 W. French Pl | $1.5 million: This three-story Monte Vista home is on the National Register of Historic Places and was designed by renowned architect Atlee B. Ayeres, who designed the Tower Life building, the McNay and many other San Antonio landmarks. 

This three-story Monte Vista home is on the National Register of Historic Places and was designed by renowned architect Atlee B. Ayeres, who designed the Tower Life building, the McNay and many other San Antonio landmarks. 

This three-story Monte Vista home is on the National Register of Historic Places and was designed by renowned architect Atlee B. Ayeres, who designed the Tower Life building, the McNay and many other San Antonio landmarks. 

San Antonio Board of Realtors

Built in 1903, the 6,870-square-foot home has three bedrooms and three bathrooms. According to the listing, “the fine detailing and character in these gilded homes abound in this residence from the detailed millwork, moldings and beautiful windows. Outside is a pool, hot tub and two bedroom, one bathroom carriage house. 

This Castle Hills home at 402 Fox Hall Ln. is listed for $1.2 million. 

This Castle Hills home at 402 Fox Hall Ln. is listed for $1.2 million. 

San Antonio Board of Realtors

402 Fox Hall Ln |  $1.2 million: This 4,476-square-foot Castle Hills home has three bedrooms and four bathrooms and sits on 1.1 acres. 

Inside the home’s unique interior is a generous living space, three fireplaces and an extra living room/gaming area on the second floor. The backyard includes a massive deck leading to the pool and tennis court. 

This Castle Hills home at 402 Fox Hall Ln. is listed for $1.2 million. 

This Castle Hills home at 402 Fox Hall Ln. is listed for $1.2 million. 

San Antonio Board of Realtors

timothy.fanning@express-news.net