Is Our Real Estate Market Hitting the Brakes??
Believe me. It’s ok if the market slows a little. If you have had the joy of being a buyer in the past two years then you understand what I am saying. Buying a home in today’s market is not for the faint of heart. Take courage! Have patience! It is VERY competitive and you must move at light speed IF you want to buy a house in the market recently. And:
If you want to buy a home you need to come in with a reasonable, competitive offer.
I have talked about and written about why this phenomenon is happening in other newsletters and stories. Low inventory (homes for sale) and lots of people moving into DFW has created this SELLERS MARKET for the past two years. At this time, no specific end is in sight.
While there is data on home sales falling, a reason for this fall is because the homes available are, simply, expensive. There’s demand, especially for lower priced homes.
Check Out My Info on Market Slow Down Here.
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