Dallas Real Estate Inventory Increasing

Dallas Real Estate Inventory Increasing

If anyone has any doubts about the real estate market in DFW, then please get out your copy of the Dallas Morning News and read the real estate section. Here is the breakdown: The amount of inventory has increased over the past two months. This is because more people are trying to sell right now, not because less people are buying. Until now, the amount of homes on the market has decreased by 10% year-to-year, which has caused the median house price to increase. In October, there was an increase by 1%. This is the largest increase in two years and might cause an upswing in inventory for the upcoming year. It is due to the fact that people are expecting interest rates to go up, so they are selling while the market is hot. With the economy still strong, there doesn't seem to be a problem with jobs and economic well-being, so now is still a great time to sell your house!

Matt Bonano Headshot
Phone: 214-802-1533
Dated: November 24th 2015
Views: 1,192
About Matt: Matt Bonano is a Dallas native and a graduate from Highland Park High School. At Highland Park he wa...

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