Austin, TX — Most Texas homebuyers felt they had enough time and inventory to make a successful purchase in the first half of 2025, according to the Texas Homebuying Experience Report.
Key takeaways:
- Inventory: 25% of buyers felt there were plenty of homes to choose from, 42% said the selection was reasonable.
- Timeline: About a third had enough time to search; 39% had a reasonable timeline.
- Home Tours: Most buyers toured 4–10 homes before deciding. Only 4% looked at more than 21 homes.
- Competition: Nearly 40% faced competition, and over 60% had at least one offer rejected before purchase.
- Budget Adjustments: 50% increased their price range; 31% lowered it.
- Market Hesitation: Many paused home searches due to high prices (42%) or changing life circumstances (37%).
- Buyer Knowledge: About half had some market knowledge; 38% knew very little. Most were somewhat informed about the homebuying process.
Realtors noted that while national reports suggested more inventory and lower prices, the local market remained competitive, and buyers had to navigate multiple offers and pricing strategies carefully. Related: Pontiac Woman Charged with 10 Felonies in Real Estate Fraud Case