for local homeowners.
Homebuyers are relocating from pricier cities or seeking to spread out in more space as they adjust to working remotely. Early in the pandemic, they also sought to take advantage of historically low mortgage rates. They began work on 4,350 homes in the third quarter and 2,274 homes in the fourth quarter, according to research firm Zonda. That’s compared with 5,436 and 5,881 homes, respectively, during the same periods in 2022.. The value shown is based on single-family homes, condos and co-ops whose home value is between the 35th and 65th percentiles in a market. The values are adjusted based on short-term seasonal fluctuations.
Zillow is a member of various local MLSs throughout the state of Texas, giving the company access to some of the same data that real estate agents have.
Democrats remember that people are fleeing to Texas from states like California and New York b/c of Democrat policies such as high taxes and defunding police