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Rent or Buy? Which is Cheaper in DFW? | July 2023 Housing Market Update and Predictions North Texas
Manage episode 367606622 series 3404395
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Is renting a house cheaper than buying? How much is a monthly mortgage payment? Is buying a house too expensive in our current market? 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 the state of the housing market in Dallas-Fort Worth, and how buyers and sellers can best take advantage of this moment in the Real Estate Market.
In the "Market Watch", Chase gives the current median home prices for Dallas and Fort Worth. He also shares how the price trends have changed from last month and last year, and what that means for the housing market in Dallas-Fort Worth.
In the "News on the Ground", Chase shares what it's like to purchase or sell a house right now in the DFW Metroplex. It has been a normal and healthy market so far this year, with houses selling quickly and buyers still able to get houses.
In the "Nerd Corner", Chase shares the current state of renting vs buying for home prices including the current average rental rates, common mortgage costs for an average first time home buyer, and the benefits of home buying compared with renting.
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
The video version of this is "Chase Hansen - DFW Realtor" on YouTube!
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