The Changing Real Estate Market in Katy, TX
Abstract
According to recent reports, the market is beginning to favor buyers over sellers. This is a shift from the past few years, during which sellers have held more of the power. One is that home prices in Katy have risen sharply in recent years, up more than 13% in 2021 compared to 2020. Combined with the shift of what has now been dubbed "The Great Shuffle," in which some people are moving from suburban areas to more urban locations, this has resulted in a decrease in demand for homes in Katy. This is in sharp contrast to other regions that are seeing the opposite trend where more people are fleeing cities for the suburbs. To better understand what is happening in this Houston suburban real estate market, FastExpert reached out to Carolyn Barnes, Continued The post The Changing Real Estate Market in Katy, TX appeared first on FastExpert.
