The real estate landscape is shifting, and the numbers are in! According to the National Association of Realtors, home prices experienced significant changes in Q3 of 2024. After a couple of years of increasing home values, home prices have started to decrease. Here’s the breakdown:

Experiencing a Dip:
Austin, TX: Witnessing a 10.3% decrease.
Phoenix: At -1.5%.
Salt Lake City: Seeing a slight dip at -1.2%.
Dallas: Down by -1.1%.
Houston: Also at -1.1%.

Regional trends and market fluctuations are part of the real estate journey. Feel free to reach out if you want the stats on your area!