Edgar Reyes’ Post

Name: Edgar Reyes on LinkedIn: #mcallentx #mission #edinburgtx #pharrtx #mifamiliarealty #edgarrealtor…
Uploaded: 2024-02-02T16:13:34.350Z
Channel: Edgar Reyes
Description: Market update for the month of January 📈 #mcallentx #mission tx #Edinburgtx #pharrtx #mifamiliarealty #edgarrealtor #marketupdate

Edgar Reyes

REALTOR ®️ Let me help you sell your home.

9mo

Market update for the month of January 📈 #mcallentx #mission tx #Edinburgtx #pharrtx #mifamiliarealty #edgarrealtor #marketupdate

Transcript

Hello, Edgar here, your local real estate expert. Today I'll be providing you with a comprehensive market update for Mission, McAllen, Pharr and Edinburg area. If you're considering buying or selling a home or just curious about the current real estate landscape, you're in the right place. Let's dive into the numbers. The total number of homes on the market for McAllen is 385, Mission 414, FAR 121 and Edinburgh 465. The average days on market was 43 days. The market has been going up and down this month compared to last month, and it's important for both buyers and sellers to stay informed. Interest rates continue to play a pivotal role in the real estate market. The current mortgage interest rates have gone down and are currently around 6.25% which will bring more buyers to the market and make more homes affordable. Buyers take note of this rates sellers be mindful of the potential buyer pool influenced by these rates. And conclusion the real estate market in Mission, McAllen, Far and Edinburgh area is growing. Whether you're looking to buy or sell, it's essential. You have a knowledgeable realtor by your side. If you have any specific questions or if you like a more personalized analysis of your situation, feel free to reach out to me. Thank you for tuning into this month's market update. If you found this information valuable, please like, share and subscribe for future updates. And remember, when it comes to real estate, knowledge is key. Until next time, this is Edgar signing off.

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