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“We are still seeing a bustling housing market, prices are rising, inventory is low and sales are happening at a brisk pace.” said Shelby Kimball, 2020 President of the Greater Fort Worth Association of REALTORS®. “We expect the inventory to stay low, but do think the summer selling season will be lengthened as schools delay … Read more

Inventory increased to 1.3 months, which is an improvement from the 0.9 months earlier this year, but significantly lower than the 2.0 months of July 2020. 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. The average number … Read more

Inventory is now 1.9 months in Fort Worth and Tarrant County, a 0.6 month increase from July of 2021. The Texas Real Estate Research 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. In addition, active listings in July in Fort … Read more

As the mortgage rates have creeped up over the last several weeks to just shy of 7 percent once again, the lower prices have been a positive sign for those trying to get into a home. Inventory has held steady at just above 2 months in both Fort Worth and Tarrant County. Johnson County is … Read more

“The bump in sales we’ve seen in June is great news and I do think we can continue to see that ebb and flow in the coming months,” said Shelby Kimball, 2020 President of the Greater Fort Worth Association of REALTORS®. “Due to limited inventory, sellers have a fair chance of listing their homes and … Read more

Fort Worth saw 1.1 months of inventory in June, an increase from months of holding steady at 0.9. Although this is movement in the right direction, inventory is still historically low. 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 … Read more

The Texas Real Estate Research 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, so the numbers are still far from normal. However, the inventory hasn’t been this high in Fort Worth since September 2020. The rising inventory, along with a … Read more

In addition, housing prices remained steady, with only Tarrant County posting an increase from May with a median price of $360,000 in June, a 4.1 percent decrease year over year. Fort Worth’s median price was $338,000, a 6.7 percent decrease from 2022. Despite lower prices and higher inventory year over year, closed sales were down … Read more

The increased demand means that home prices keep rising: The median price of a home in Fort Worth climbed to $275,000 in March, a 17 percent increase year over year. “The best plan for finding a home in this competitive market is simply to be prepared,” said Elizabeth McCoy, 2021 President of the Greater Fort … Read more

Although it’s moving in the right direction, an inventory of 0.7 months is still far from 6.5 months, which is the number that represents a market in which supply and demand for homes is balanced, according to the Texas Real Estate Research Center (TRERC) at Texas A&M University. Dr. Jim Gaines, research economist for TRERC, … Read more