youtube  facebook   twitter

Buyers and Sellers

2018 Year-End Fort Worth Housing Report

During 2018, Fort Worth home sales decreased 0.6 percent to 12,743 homes. The median price for Fort Worth homes increased 6.2 percent year-over-year to $220,260 in 2018.

“In the beginning of 2018, the Fort Worth housing market was continuing on the same trends we saw in 2017. However, towards the end of the year, we started seeing a shift in the market as sales slowed,” said Moiri Brown, 2019 President for the Greater Fort Worth Association of REALTORS®.

Fort Worth’s monthly housing inventory was 2.0 months in 2018, 0.4 months more than 2017. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.

Read more ...

April 2019 Fort Worth Housing Report

Fort Worth home sales increased 7.7 percent to 1,198 homes in April 2019. The median price for Fort Worth homes increased 2.7 percent year-over-year to $225,900 in April 2019.

"Inventory is still low, but we are continuing to see more homes added to the market," said Moiri Brown, 2019 President of the Greater Fort Worth Association of REALTORS®. "As we head into the summer selling months we expect active listings and closed sales to continue to rise.”

Fort Worth’s monthly housing inventory was 2.3 months in April 2019, 0.4 months more than the year prior. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.

Homes spent an average of 42 days on the market in April 2019, five days more than April 2018. Additionally, active listings increased 17 percent to 2,465 listings during the same time frame.

Read more ...

A Guide to Buying and Selling a Home

Like finding the right house, selecting a REALTOR® you can trust and comfortably work with is paramount. Just as you wouldn't be casual in the selection of your doctor or your attorney, you shouldn't take the selection of your REALTOR® lightly. Indeed, the best way to find such a professional is through recommendations from family and friends. Of course, you should interview several REALTORS® before you choose one. If you're selling your home, you should ask the candidates how they plan to market your home, what pricing advice they can offer, and what other suggestions they can provide to further enhance the desirability of your home.

Read more ...

Texas international home sales top $18 billion

Posted on August 15, 2017 by Texas Association of REALTORS®

The sales dollar volume of international home purchases in Texas totaled $18.66 billion from April 2016 to March 2017, according to the Texas International Homebuyers Report released today by the Texas Association of REALTORS®. Sales dollar volume from foreign homebuyers nearly doubled compared to the previous period of April 2015 to March 2016.

Texas ranked second in the nation for international home sales volume, with 34,135 home purchases by foreign buyers (a 59% increase over the previous period). Texas accounted for 12% of the 284,455 international home sales nationwide.

“This surge in international home sales activity underscores the growing reputation Texas has as a global destination for owning a home or investment property,” says Vicki Fullerton, chairman of the Texas Association of REALTORS®. “The state’s low unemployment, diverse industry base, and world-class higher education institutions are just some of the reasons why international residents seek to attend college, raise a family, or do business in Texas.”

Read more ...