Right on the Money Texas real estate broker: 'I think we are 100% in a buyer's market' Prices and mortgage rates remain higher, so how could this be a 'buyer's market?' Author: Jason Wheeler ...

Real-estate agents in those Texas spots said home sellers are slashing prices to attract buyers. One house in Austin listed for $1.25 million and was sold for $850,000, Nicole Marburger said.

“International buyers of U.S. real estate have proven to be an important aspect of our Texas market,” Berry said. The state accounted for 8% of the 98,600 homes sold to international buyers.

The report’s author, NAR senior research survey analyst Matt Christopherson, said the state is such a top destination for foreign buyers because of its lower purchase prices than other states ...