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Lower interest rates, prices bring buyers back to the housing market

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Following the typical holiday slowdown in the housing market, many buyers are heading back to open houses and finding better deals amid declines in interest...

Real estate agents say more homes are getting multiple offers and more buyers are walking through open houses, even braving icy weather to do so.

“We waited some time, and then we got the best one,” Bauskar said, adding that buying such a big and beautiful home was a “dream come true” for him, especially being his first home purchase in the U.S. Bauskar, 35, works remotely in information technology for a financial services firm and has been renting in the U.S. for 12 years after moving from India. He moved his family from Boston last July after a friend recommended North Texas, and was attracted to the region for its prices of larger homes and warm weather.

Arthur Greenstein of Douglas Elliman Real Estate braved the icy roads with his client Boris Safir and his family, hoping to snag a good deal in Prosper. But they weren’t the only buyers who had the same idea.

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