Is now a good time to buy a house in Texas?

As a Texas REALTOR®, I can assist you with this important decision.

Buying a house is a big step. The right time to take this leap depends on your financial and personal situation as well as your goals. If you are considering buying a house now, here are some strong reasons why the timing could be right:

  • Housing prices in Texas have been steadily rising at a moderate pace for many years, even while other states have experienced wild price fluctuations.
  • There are Texas-specific programs that can lower your interest rate or provide additional tax-credit incentives.
  • Interest rates are at or near record lows. Even small reductions in the interest rate can significantly boost the purchase price you can afford when buying a home.
  • Texas has one of the most affordable housing markets compared to household income, according to the Real Estate Center at Texas A&M University.
  • Our state’s economy is strong and diverse, and the population is expected to continue growing steadily. These factors all point to continued health in the housing market.

As a Texas REALTOR®, I can show you how our current housing market conditions factor in to your goal of buying a home. You can count on me to put your interests first while I assist you during this exciting process.

The information being provided by the Greater McAllen Association of REALTORS®, INC. is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.