Intense competition over houses across North Texas led to yet another huge rise in sale prices last month.
Intense competition for houses across North Texas led to another huge bump in sale prices last month.
“The trend that we have seen here for several quarters has been the gradual depletion of listing inventory,” said Ted Wilson, principal with Dallas-based housing analyst Residential Strategies. “And so, as a result of the shortage of inventory, existing home prices have been pretty inflationary in Dallas-Fort Worth.”
“I think a lot of people right now are trying to take advantage before interest rates, mortgage rates go up,” said Dr. Luis Torres, an economist with the Texas Real Estate Research Center. “People are coming in, they want to live in Dallas-Fort Worth. The problem is finding a home to purchase.”
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Texas Longhorns baseball team takes on Texas State BobcatsThe top-ranked Longhorns are hoping to bounce back after its first loss of the season against the Bobcats who were looking for the upset.
Leer más »
Texas Forever Fest in Plano to celebrate all things Texas with food, music and moreThe Texas Forever Fest will celebrate all things Texas at Plano’s Haggard Park on March 26.
Leer más »
North Texas man convicted on all counts in first Capitol riot trialWASHINGTON — Guy Reffitt, a 49-year-old unemployed oil rig worker from Wylie who stormed the U.S. Capitol with a holstered pistol, became on Tuesday the first...
Leer más »
This North Texas city is one of the happiest in the nation, study saysPlano ranked 22nd nationwide in a recent study of the happiest places in the country.
Leer más »
Conservative University of North Texas student says police hid her in closet after activists disrupted eventVideos posted to Neidert’s Twitter and TikTok accounts show protesters screaming, talking over speakers, drawing on a whiteboard in the classroom and taking other disruptive actions.
Leer más »
North Texas could get wintry mix Friday; TxDOT pre-treating roadsThere’s another Arctic front headed to North Texas, and it could bring a wintry mix to some areas on Friday.
Leer más »