Is Relief Ahead For The Housing Market?

A new quarterly report from the National Association of Realtors® (NAR) found the media housing market price reached a new record high during the second quarter. By the end of June, it was up to $413,500. That’s after many metro areas saw double-digit price gains from the year before. Although buying got more costly during the first half of the year, could the second half of the year bring buyers some relief?

According to Lawrence Yun, NAR’s Chief Economist, buyers may begin to see affordability conditions improve soon, as the market finds better balance. In fact, prices and rates have both gotten more favorable in recent days. “Overall, the national price deceleration inevitably followed the softening sales, providing well-positioned buyers a small measure of welcomed relief. The recent dips in mortgage rates will bring additional buyers to the market, especially in those places where housing market prices are still relatively affordable and where jobs are being added.” Home price increases have already begun to slow, and with mortgage rates down from where they were earlier this year, home buyers may begin to see a little relief.

Source: dsnews.com/

Kandida Reynolds

Kyleign Gleason

Real Estate Agent

Born and raised in Texas! I was born in Arlington and soon moved to Grapevine when I was younger, I have called it home now for the last 15 years. I have always worked in retail and love all things fashion. Growing up, I’ve seen what a power house my mom has become through real estate and all the opportunities it offered her and our family. Working in real estate has caught my attention and interest; I cannot be more excited to start my journey. I think helping people find their dream home, investment home, starter home, or even temporary home is such a wonderful thing. It really is an amazing experience to be a part of and I’m looking forward to soon being able to be that person who gets to help!

Kandida Randall

Agent | License ID: 0741017

Choosing a career in real estate has been one of the best decisions of my life. I have lived in several cities across the metroplex so no matter where you are looking, I am able to provide guidance and advice. I have had the joy of helping dozens of families buy, rent or sell their homes. My clients may be first-time home buyers that are excited to start this incredible journey, sometimes they are family or friends that need to sell the home they’ve lived in for 20+ years… no matter what, I’m deeply humbled that they trust me to lead them through this process and I would be honored to help you as well! ​​​​​​​​​​​​​​​​​​​​​

Elizabeth Gleason

Agent | License ID: 0613248

Knowledgeable, Trustworthy, Dedicated. Elizabeth Gleason moved to the DFW area in 2000. She currently resides in Grapevine with her family. Passionate about serving people, Elizabeth launched her real estate career in 2009 after working in an upscale fast-paced corporate environment. Her hard work, charisma, true passion for helping others has helped Elizabeth’s reputation as a qualified real estate agent rise quickly. Elizabeth specializes in all facets of the real estate business, she works with buyers, sellers, renters, investors and in commercial. “It is such a privilege working with clients while doing something I love. I look forward to walking this journey with you.” In her free time, Elizabeth enjoys hosting family and friends, volunteering, and attending local events.

2021 Real Producers Top 500 • 2021 #9 Top Producer • 2021 #4 Closed Listings • 2021 #5 Closed Buyers • 2021 Real Producers Top 500 • 2021 Humaniarian of the Year • 2021 D Magazine Best of Realtor • 2020 Real Producers Top 500 • 2020 #8 GCI • 2020 #4 Closed Buyers • 2020 Group of the Year • 2020 D Magazine Best of Realtor • 2020 Feature in Top Agent Magazine • 2019 Real Producers Top 500 • 2019 D Magazine Best of Realtor • 2019 #3 Top Producing Agent • 2019 Million Dollar Producer • 2018 D Magazine Best of Realtor • 2017 D Magazine Best of Realtor