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Are Home Prices Down in DFW? | May 2023 Housing Market Update and Predictions North Texas
Manage episode 362569022 series 3404395
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Are home prices down from last year? What is the news getting wrong about house prices? How is the housing market in Dallas-Fort Worth? Is it a good time to buy a home in Fort Worth? Is it a good time to sell a house in Dallas? Should you move to North Texas and DFW right now?
Chase explains what news stories are getting wrong about home prices in North Texas, and how buyers and sellers can best take advantage of this moment in the Real Estate Market.
In the "News on the Ground", Chase shares the current state of the DFW housing market for home buyers and home sellers. Buyers have competition in the market, but can manage it with the right planning and mindset. It is one of the best times of the year to sell a house, and people wanting to get the most money for their home should think reasonably and strategically to get the best results. Both buyers and sellers would benefit from the right help and expert advice in this marketplace.
In the "Nerd Corner", Chase shares how to correctly understand the stats about home prices in DFW. Last summer's pandemic price surge caused an inflated peak in the housing market. It is likely that home prices will be less on average than they were last summer, but that does not mean home prices are trending downward. When news stories come out with reports about a drop in prices it is important to understand what is really happening.
Chase Hansen, a Realtor with Remax Pinnacle Group in Central DFW (based in Arlington), gives monthly updates for the Dallas-Fort Worth home market that provide insight into what it is like for buyers and sellers in the current market, and what the broader market trends and statistics are saying. If you or someone you know are looking to buy, sell, rent, or invest in residential real estate in North Texas, I'd love to help!
Contact Me:
Email directly at ChaseHansen@Remax.net
Follow and DM on Instagram @HansenRealtorsDFW
Feel free to reach out and let me know how I can help!
The video version of this is on the channel "Chase Hansen - DFW Realtor" on YouTube!
1:00 - News on the Ground
1:24 - Tips for Home Buyers
2:15 - Tips for Home Sellers
3:39 - Nerd Corner "Falling Prices News Stories"
8:05 - Home Help in DFW
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