Austin Real Estate News
Austin
Post Trump Election, U.S. Homebuyer Sentiment Hits 3-Year High in November
The Fannie Mae Home Purchase Sentiment Index (HPSI) increased by 0.4 points in November 2024, reaching 75.0, continuing its recent sharp upward trajectory.
U.S. Mortgage Applications Increase in Late October
New data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey shows that mortgage applications rose by 6.3% for the week ending November 22, 2024.
New Home Sales Hit 2 Year Low in America
The National Association of Home Builders (NAHB) reports that rising mortgage rates and persistent affordability challenges kept many potential homebuyers on the sidelines in October 2024.
Home Buyers Negotiation Power Grows Amid Cooling U.S. Market
U.S. homebuyers are finding more leverage in negotiations nationwide as competition eased in October 2024. The company's market heat index shows that conditions are gradually shifting toward a buyer's market as activity slows heading into winter.
