• 1f. Real Estate Trends and News – North Texas

  D-FW home sellers may lack upper hand for first time in years in topsy-turvy mar

  Posted by propshop_connector on 25 November 2024 at 2:53 PM

  https://www.dallasnews.com/business/real-estate/2024/11/25/d-fw-home-sellers-may-lack-upper-hand-for-first-time-in-years-in-topsy-turvy-market/

  Dallas News writes:

  “Mortgage rates went up despite interest rate cuts. What does 2025 hold?

  For the first time in years, home sellers in Dallas-Fort Worth may lack a strong upper hand.

  Competition among buyers across the southern U.S. markets is fading. Inventory is rising, and sellers may soon face decisions about cutting asking prices. But that doesn’t mean it’s good news for buyers.

  The brief relief they saw when the Federal Reserve cut short-term interest rates is gone. Mortgage rates are approaching 7% again.”

  Read more in the original article below:

  

  dallasnews.com

  D-FW home sellers may lack upper hand for first time in years in topsy-turvy market

  In Dallas, the home market is weird as buyers and sellers are dealing with higher interest rates.

  propshop_connector replied 2 weeks, 3 days ago 1 Member · 0 Replies
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