Texas is experiencing shifts in its housing market, with predictions indicating potential price declines in 10 cities by the end of 2025. The average home value is around $300,267, showing a slight dip. Factors contributing to these declines include higher interest rates, a potential economic slowdown, and increased inventory. Cities like Jacksonville, Stephenville, and McAllen may see decreases of up to 4.6%. Despite these predictions, the overall Texas housing market remains strong, offering opportunities for buyers.
Continue to full article