Texas Home Sales: List Now for Best Price

It is hard to see your neighbor list a home for sale and see it not move for months at a time. You know they are paying rent or mortgage in their new home and paying for the one that is sitting unoccupied.

That is a lot for a family to get through, and something you can try to avoid by listing your home for sale at the best possible time in Texas. According to Axios Business, that could be as early as right now in some parts of Texas.

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Listing your home in Texas in March is the best time to get ahead of all the selling in May. Many people are trying to get into their homes before the school year starts.

Analysis from Realtor.com found the ideal week to list nationwide was between April 13th - 19th.

List Your Texas Home In March, April, Or May For The Quickest Results

Mortgage rates are a big hurdle for many sellers in the Texas real estate market right now. Homes above certain price points aren't moving because buyers' monthly mortgage estimates are above their means due to the interest rates.

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Freddie Mac data shows that the average 30-year mortgage has stayed under 7% for nine weeks. Until that rate goes down, the home buying market will be slower, and that is what the government was trying to do by raising the rate.

Lower Rates Will Raise House Prices In Texas

Once those rates do come down, the prices of houses will go up. It is a buyer's market in Texas right now, so if you can endure the interest rate, you might do okay with a home that has been sitting and undergone multiple price adjustments.