HaPpY ChiLDreN's DaY 2021

 🥰💓HaPpY ChiLDreN's DaY 2021💓🥰

Buying a Property?

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Colorful Bird in South Padre Island Texas

 

Jinks Realty Photo for Today: Colorful Bird in South Padre Island Texas - View Properties in South Padre Island Texas and the Rio Grande Valley of South Texas at: www.RealtySPI.com or Call (956) 429-3232

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Is Home Price Appreciation Accelerating Again?

 

Is Home Price Appreciation Accelerating Again?

At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. However, that increase in inventory has yet to materialize. The National Association of Realtors (NAR) reports that there are currently 410,000 fewer single-family homes available for sale than there were at this time last year.

This has forced those who made appreciation forecasts this past January to amend those projections. The Mortgage Bankers Association, Fannie Mae, Freddie Mac, the National Association of Realtors, and Zelman & Associates have all adjusted their numbers upward after reviewing first quarter housing data. Here are their original forecasts and their newly updated projections:Even with the increases, the updated projections still don’t reach the above 10% appreciation levels of 2020. However, a jump in the average projection from 5.3% to 7.7% after just one quarter is substantial. Demand will remain strong, so future appreciation will be determined by how quickly listing inventory makes its way to the market.

Bottom Line

Entering 2021, there was some speculation that we might see price appreciation slow dramatically this year. Today, experts believe that won’t be the case. Home values will remain strong throughout the year.

Land For Sale 14004 Dillon Road, Donna, TX

💎💎LAND FOR SALE!!!💎💎

14004 Dillon Road, Donna, TX 78537
1/2 Acres

$84,500

More Information:
https://www.jinksrealty.com/.../Donna/TX/78537/107031686/

 

We Have McAllen Texas Homes for Sale , RGV Rio Grande Valley Real Estate Properties, Land, See our Listings for Residential  & Commercial Real Estate listings in McAllen, Edinburg, Sharyland, Mission, San Juan, Alamo, Weslaco, Pharr, & Hidalgo County, Texas

 

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SPACE X News - Working on the side of the Cone on 4-24-21

 

 

SPACE X News - Working on the side of the Cone on 4-24-21

Funny Car at the Car Show

 

Jinks Realty 📷Photo for Today: Funny Car at the Car Show on South Padre Island Texas📍 - View Properties in South Padre Island Texas and the Rio Grande Valley of South Texas at: www.RealtySPI.com or Call ☎️(956) 429-3232
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Space X on July 2019

 

 

JINKS REALTY PAST Tour of Space X on July 2019. WOW a lot has changed since then!

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