Jada Ray, Real Estate Agent, LPT Realty

📊 Real Estate Market Update | National + Austin

🏠 Nationally:
The housing market is stabilizing as mortgage rates trend in the low-6% range. Inventory is improving, homes are taking a bit longer to sell, and buyers are gaining more negotiating power than in recent years. Prices are mostly holding steady with modest growth expected in 2026.

📍 Austin Market:
The Austin market continues to normalize after its peak. Inventory remains elevated, price reductions are more common, and buyers have more options and leverage. Well-priced homes are still selling, but strategy matters more than ever.

💰 Mortgage Rates:
30-year fixed rates are hovering around 6%, lower than last year’s highs but still impacting affordability. Many buyers are using rate buydowns, seller credits, or planning to refinance later.

✨ Bottom Line:
✔ Buyers: More choices + stronger negotiating power
✔ Sellers: Pricing and presentation are key
✔ Opportunities exist on both sides with the right strategy

📲 Thinking about buying, selling, or leasing in Austin? Let’s talk.