More homeowners are listing their homes for sale, which is opening up options for anxious home buyers who have faced fierce competition the last few months over a limited housing stock.  Also, as more inventory and new listings arrived on the market in August, the rate of sellers making price adjustments has also begun to approach more normal levels, realtor.com® notes. The share of sellers who made listing price adjustments grew to 17.3% of active inventory, which is the highest share in 21 months and close to more typical levels that were seen between 2016 to 2019, researchers note.

Full Article here: New Listings Jump in U.S. 5.1% in August; Price Adjustments Moderate

(512) 853-0110 or robert@AustinTxHomeSales.com

If you are unable to open the link/article above, please let me know so I can get it to you another way.

#RealEstate #AustinHomes #MoveToAustin #Relocate #RelocateToAustin #AustinHomeBuyers #AustinHomeSellers #AustinJobs #AustinRealEstate #HomeForSaleAustin #NewHomes #RealEstateMarket #HomeMarketStabilizing