Real Estate Trends

Hello! Here’s the quick rundown—the U.S. housing market is still running hot, with strong demand and buyers competing for quality homes.

The average home price is around $420,000. In Miami, it’s closer to $470,000, and Austin is up near $550,000. Why? Simple—there aren’t enough homes, demand is high, and people are still moving into these fast-growing cities.

Now, interest rates are the big challenge. A 30-year fixed is around 7%, which has made some buyers hesitate. That said, rentals are still booming in places like Denver and Nashville, because housing demand hasn’t gone anywhere.

Buyers should look for undervalued areas with growth potential. Sellers with well-located properties are still in a strong position right now.

And if you’re investing, cities like Raleigh and Tampa are worth watching thanks to job growth and rising property values. Plus, don't forget to check local trends and zoning laws, they can make or break your investment!

Looking ahead, rates may ease a bit next year, so stay informed and be ready to move. Play it smart, watch the trends, and you’ll be in a good spot.