300 posts

DFW Home Presales and Pending Sales Down

Rising interest are the blame for slowing home sales. “Real-estate agents sold 8,202 preowned houses last month, 4 percent below sales in October 2017. The slowdown in North Texas home purchases this year comes as home mortgage costs have risen to the highest level in seven years.” “The Commerce Department […]

DFW Home Market Stablizing

Dallas-Fort Worth home price gains barely edged ahead of the nationwide increase in the third quarter. “The insufficient supply of low- to midpriced homes in metro markets with strong job growth continues to drive up prices and push prospective buyers out of the market.” Lawrence Yun, National Association of Realtors’ economist […]