The real estate market is changing!!! Texas is typically not at the forefront of these changes so I have added a link showing current market trends happening on the West coast, and we are currently seeing these trends taking place in Texas as well. (See the link for details.) https://sacramentoappraisalblog.com/

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National Association of Realtors has reported that there were typically nationwide 5 offers on each property; current data is now suggesting that a property would receive 3.4 offers. NAR, also states that 25% of the buyers are cash buyers and not affected by the increase mortgage interest rate.