The world's largest real estate franchise by agent count
used to be that the coastal cities were expensive and everything else was
cheap. Now, the divide is all about east and west. That's according to Black
Knight, one of the top data firms in the housing industry who reports that the
12 major markets west of Texas (but including Austin) all fell in
January versus the year prior. Meanwhile, the 37 markets east of Texas all
increased. Nationally, home prices are down from their 2022 highs. But clearly,
that doesn't tell the full story.