It is a Buyers Market in Dallas Fort Worth?
Is it still a buyer’s market today in DFW?
We are experts in the Dallas Fort Worth real estate market and we get asked this question all the time.
The answer isn’t as simple and can sometimes be yes and sometimes be no.
So is it a Buyers Market in Dallas Fort Worth?
First off, it really just depends on the property type you are selling and the location in which the property is located. So is it a buyers market in Dallas Fort Worth?
Single-family homes in the better locations that are priced correctly have been flying off the shelves. Currently there is a lot of demand in the market for certain areas.
At the exact same time other areas are like ghost towns.
Almost all buyers are looking for the same thing – good neighborhoods, easy access to affordable transportation, nice shopping, top rated schools, etc. Any property that can deliver all of these are definitely a hot commodity in today’s fast paced market. Sellers who do have a highly desirable property are definitely in control of the market right now.
However, for condos and townhouses – especially those a little off the beaten path, or with some not so pleasing features – it can be a way different story. Prices were recently down in certain areas of Dallas Fort Worth, but they seem to be rebounding as the rental market increases.
At the present moment investment properties are definitely in high demand. The excessive amounts of over seas cash currently flooding in to invest in US real estate has made a definite impacted the Dallas Fort Worth market in many ways.
Overall, those investors who are in a position to pay cash for properties have been picking up the good deals in the marketplace.
Looking at this you could still ask is it a buyers market in Dallas Fort Worth.
Financing is still a major obstacle for many buyers however. Banks are being incredibly stingy, requiring large amounts of money down and even changing their terms at the last second. It is not to uncommon for previously approved buyers to get their loans pulled out from under them right before closing escrow.
Overall the markets remain incredibly up and down depending on where you look – there is a lot of action at the very top and near the bottom, with what seems to be the biggest challenges in the middle.
We know it is confusing….
There’s a lot of shakeup in the US economy still taking place, and the markets are moving fast in many different directions all at once.
We’re investing in Dallas Fort Worth because we believe in the community and the people here and it has a strong economy and a bright future.
If you have to sell a property fast near Dallas Fort worth, we can help you right now today.
We buy properties just like yours from people who need to sell fast everyday.
Or call us at 469-209-5350
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over here today if you’re looking to sell a Dallas Fort Worth house fast!
Is it a Buyers Market in Dallas Fort Worth…….