Inventory
By Mark JohnsonSpecial Contributor Homebuyers are defying the real estate market in North Texas, and for real estate agents and brokers, this is a critical time to stay informed. For the week ending on Feb. 10, 2023, inventory for sale in the Dallas-Fort Worth MSA dropped nearly 5 percent while the median new list price…
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The National Association of Realtors just released a report showing existing home sales sliding by 5.9 percent in July from the previous month. That’s the sixth month in a row of declining sales numbers. Statewide statistics reflect a cooling market, too, with closed sales down 16.1 percent for July according to recently released numbers from…
Read MoreThe Local Market Monitor Report for the Dallas, Plano, and Irving areas calls the real estate market “Low Risk.” This is echoing what we’ve heard since November — prices are up, homes are on the market for a 30 to 60 days, inventory is low. The report forecasts a 3 percent increase in home values…
Read MoreThe Local Market Monitor Report for the Dallas, Plano, and Irving areas calls the real estate market “Low Risk.” This is echoing what we’ve heard since November — prices are up, homes are on the market for a 30 to 60 days, inventory is low. The report forecasts a 3 percent increase in home values…
Read MoreA reader writes: Dear Candy: Thinking about selling my house. I have been told that inventory is incredibly low on my type of house: 6600 square feet, built in 07, area 11 (North Dallas), price probably $1.45 – $1.49. So the dilemma…. I really need to wait until this September so that I will have…
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