Homes by Elsa Texas Premier Realty

09/24/2021

While demand for new homes remains high, the pace of new construction reflected softening homebuilder confidence as builders grappled with the opportunity to shore up profitability now that lumber prices are declining from recent spikes.

While demand for new homes remains high, the pace of new construction reflected softening homebuilder confidence in June as builders grappled with the opportunity to shore up profitability now that lumber prices are declining from recent spikes. Builders pulled back on housing starts, wary of overco...

09/23/2021

Higher home prices are translating into mega wealth for those who own.

Want to find out how much your home is worth? Get a free market analysis today!

Recent hikes in home prices have helped millions of sellers earn big profits. Find out where equity is highest.

09/22/2021

NAR has the facts and figures! Is your metro area included on this list? Link below to find out...

The year started off with strong home price growth and continued for the second quarter of 2021, with 94% of the markets showing double-digit home price appreciation. National median prices rose 22.9% year over year to $357,900.

09/17/2021

The median existing single-family home price rose 22.9 percent year over year during the second quarter of 2021, according to NAR.

The median existing single-family home price rose 22.9 percent year over year during the second quarter of 2021, according to NAR.

09/16/2021

Annual home price growth reached an all-time high of 18 percent in May. The demand for buying is still skyrocketing... click the link for more!

Annual home price growth reached an all-time high of 18 percent in May, according to the Federal Housing Finance Agency's latest home price index report.

09/15/2021

Here are the facts and the figures on how June 2021 home prices hit 2️⃣nd highest pace. Check out these graphs and stats!

Existing-home sales data show that housing market activity this June increased 1.4% from May 2021 and 22.9% from June 2020, with existing-home sales reaching a 5.86 million seasonally adjusted annual rate.

09/14/2021

“Homeowners continue to respond to lower rates, with refinance activity climbing to the highest level since February 2021,” Joel Kan, MBA economist says. Applications to refinance rose 3% last week but remain 8% lower than a year ago

Still, home-purchase applications are 18% lower than a year ago, according to the Mortgage Bankers Association.

09/13/2021

Top 10 Hottest Zip Codes in America shows that homebuyers are eager to escape busy urban centers for more affordable, less dense suburbs! Is your zip on this list? Find out ⬇️

This year's list of the Hottest Zip Codes in America shows that homebuyers are eager to escape busy urban centers for more affordable, less dense suburbs.

09/10/2021

Thanks to rising household income and a dip in mortgage rates, First American shares the impact of increased house-buying power and potential home sales. See more of the demographic data by clicking the link ⏬⏬⏬

First American Chief Economist Mark Fleming shares his proprietary Potential Home Sales Model, examining the housing market's performance against its potential.

09/09/2021

The competition in the housing market is showing some signs of easing. More markets are reporting price cuts and fewer bidding wars. That may open the door to some priced-out home buyers this fall!

Sixty percent of offers faced competition in July—the lowest level since January.

09/09/2021

Check out our newest listing in Converse, Texas in the Key Lago subdivision

🚨OPEN HOUSE ALERT🏠
SEPTEMBER 11-12TH, 2021
⏰11:00 AM -2:00 PM ⏰
📪3966 BOGIE WAY, CONVERSE, TX 78109📪

https://youtu.be/2BwXR9iPIIs

09/08/2021

Don't mistake the current slowdown for the start of a housing crash. Instead, the industry sees recent softening as a return to normal.

Don't mistake the current slowdown for the start of a housing crash. Instead, the industry sees recent softening as a return to normal.