#texas-real-estate
#texas-real-estate

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5 Key Takeaways: Decline of a Once-Booming Texas Border City

Decrease in homebuyer interest in McAllen amid rising home prices and unemployment.

Home searches shifted towards areas with better job prospects like Austin and San Antonio.

McAllen reflects broader trends in Western housing markets toward out-of-market homes.

Texas housing markets are declining due to rising supply and stagnant demand.

Mortgage rate increases and economic uncertainty are contributing factors.

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