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1/24/2019 0 Comments

January Market -- Balanced buying/selling to start the year

Dallas News has reported on the end of 2018 and gives an outlook that our market is strong—reasonably “fair”—and it’s a good time to be looking to buy or sell. Of course, there's been a steady increase in prices and market values: Home prices in North Texas are up between 4 percent and 5 percent year-over-year. 
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The number of homes for sale in the almost two dozen North Texas counties included in the report was 22 percent higher than a year earlier, with more than 21,000 preowned single-family homes listed for sale with real estate agents.  On average it took 57 days to sell a property -- 8 percent longer than a year earlier.  Even with the increase in inventory, there was only about a 2.4-month supply of houses listed for sale in the area at the end of December.

Check out the article on DallasNews.com


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