Kopa Real Estate Blog

I am much more optimistic about the real estate market today than I was this time last year. For our listings that went on the market in January, we had 57% more showings and Open House visitors than last January.

In addition, our listings all went under contract at great prices.

Buyers appear to be more ready to buy today. When interest rates hit 8% last year, the market froze. In that situation, you can’t blame buyers for pausing their home search. When rates are 8%, and there is no indication they aren’t going to keep going up, it’s hard to decide to buy a home.

Today, the expectation is that rates will slowly tick down over the next few years.

Despite my feelings, there are still challenges ahead. Interest rates remain close to 7%, and mortgage applications have started to tick down again, which is not what we want to see as that is a leading indicator of future housing demand in the next 60-90 days.

I expect for the foreseeable future, we will still be in a market where some homes sell quickly, and others may never sell. If you have plans to move this year, contact us to see how we can help you get your home to sell quickly for a great price.

If you plan to sell in 2024, now is the best time to attend our Free Home Selling Workshops. Contact us if you want to attend a workshop, and we will notify you when they are scheduled. As always, you can check KopaWorkshop.com to see the dates and times of our in-person and online Free Home Selling Workshops. For years, home sellers have told me they benefited from attending our events. Sign up at KopaSeminar.com.

The information on this page may have changed since we first published it. We give great real estate advice, but this page (and the rest of our site) is for informational use only and is no substitute for actual real estate, legal and financial advice. If you’d like to establish a Broker-client relationship, reach out to us and we’ll tell you how we can make it official. Sending us an email or reading this page alone doesn’t mean we represent you.

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 Our Featured Listings

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$992,000

1327 Pasa Tiempo Rd, Leander

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17220 Ennis Trl, Austin

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4 Beds 3 Baths 2,524 SqFt Residential MLS® # 6997526

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14121 Willow Tank Dr, Austin

3 Beds 2.5 Baths 2,275 SqFt Residential MLS® # 8790764

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$545,000

11200 McKinney Springs Dr, Austin

3 Beds 2.5 Baths 1,965 SqFt Residential MLS® # 4597130

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$399,000

1109 Hidden View Pl, Round Rock

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