Pending sales were up 16.1% from April 2024, showing that buyers are still active.

Deal activity fell 3.9% as investors shifted into full "wait-and-see" mode amid policy uncertainty and economic headwinds.The sector breakdown tells a stark story:Retail led declines at -40%Office fell 11.4% (though lending surged 205%)Apartments dropped 9.6% but still topped volume at $9.2BIndustrial bucked the trend, rising 25.7%Investor sentiment reflects this widespread caution: 70% now recommend "hold" strategies—up 14 points from last quarter—while only 23% favor buying and just 7% are selling.

Median sale prices peak this time of year.

We have not seen volume with a surge nor fall off a cliff, volume is holding steady in it's channel. 

I’m  a new investor based in the Austin area, and I’ve been diving into the world of tax deed sales here in Texas.

Perth’s property resurgence isn’t a fluke; it’s a structural recalibration.The Forgotten Cycle: Why Perth’s Time Has Come Unlike cyclical surges, Perth's current upswing is based on pent-up demand and underbuilding.Why Perth?

@Jon Martin I just went through this with a sale.

While the IRS doesn’t specify a minimum holding period, doing a 1031 exchange on a property held for less than a year increases your risk of audit.The IRS may view the sale as a flip or resale for profit, rather than a true investment property, and could challenge the exchange.I always recommend checking with a qualified intermediary before moving forward with any 1031-related decisions.

You literally said “at a sheriff’s sale”. 1)Why was your property for sale at a sheriff’s sale?

Totally normal for interest to dip after that initial surge.