Houston MSA

The latest 'Texas Economic Outlook' from Texas A&M TRERC, published yesterday, highlights a key factor influencing our Houston residential real estate market: elevated mortgage rates. With the average 30-year rate climbing to 6.66% at the end of July, it's clear these rates are creating headwinds for buyers and sellers alike. Yet, the report also notes that major metropolitan areas like Houston continue to experience job growth, a foundational strength supporting demand. How are these contrasting forces shaping your strategy in the Houston market? Are we seeing a shift towards more strategic pricing, or are buyers adjusting expectations to secure homes amidst higher financing costs? Explore the full report here: https://trerc.tamu.edu/ View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/linkedin/groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator. Diane Hart Alexander, MBA, MHA Designated Broker, Alexander Tiffany Southwest, LLC Chair & CEO, ALEX +1 713.591.9902 · [email protected]