NEWS FLASH: Home prices are going up in Fort Worth. I know that’s a shock to many who think that Cowtown is a quiet and sleepy little suburb of Big D, but just like everywhere in the DFW Metroplex, buyers are finding it harder and harder to find the right home to fit their needs and their budget.
Young professional, young families with small children, and empty nesters are all having a difficult time finding single-family homes inside the Loop 820 for $300,000 or less. The market is hot, hot, hot, but the inventory is not, not, not for many buyers who are tired of renting but don’t want to live too far from the areas of activity and development in Fort Worth.
Alas, all is not lost. This market is actually allowing for prospective buyers to take a look at older neighborhoods near or close by the usual desired neighborhoods, and to see how these “new-older” neighborhoods can provide many of the characteristics and qualities of the more desired areas but without the sticker shock in pricing … for now.