Inventory climbed to 2.5 months in Fort Worth and in Tarrant County. The Texas Real Estate Research Center at Texas A&M University states that 6.5 months of inventory would represent a balanced market, however the steady increases are providing more options than homebuyers have seen in years. Despite this good news, closed sales are down … Read more
“As expected, due to stay at home guidance, closed sales are down by almost one fourth compared to last year.” said Shelby Kimball, 2020 President of the Greater Fort Worth Association of REALTORS®. “However, active listings declined less than 3% and prices rose by 6.2% We expect prices to remain stable or rise, and as … Read more
Active listings were up 25.4 percent in Fort Worth and 28.7 percent in Tarrant County. However, closed sales were down 2.2 percent in Fort Worth and 4.1 percent in Tarrant County. Inventory has been steadily climbing over the last several months to 2.5 months in Fort Worth and 2.4 in Tarrant County. The Texas Real … Read more
“While May’s numbers were down compared to May of 2019, we are seeing stability in the market and numbers of both active listings and closed sales have picked up over April 2020,” said Shelby Kimball, 2020 President of the Greater Fort Worth Association of REALTORS®. “I think we can expect a slow and steady increase … Read more
Inventory stayed at 0.9 months, which was 1.4 months less than April 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. “More sellers are starting to emerge, but so are more buyers looking to take advantage of … Read more
This is 1.1 months less than one year ago, when 2020 started out with already low numbers. 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 demand has driven Fort Worth median home prices up to $259,900, … Read more
The continued rising prices are attributed to high demand, low mortgage rates, and a lack of inventory, which stayed at 0.9 months for the fourth consecutive month in Fort Worth. 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 … Read more
Driving up the price of houses is the high demand from prospective homebuyers, coupled with the continued low inventory market. In April, there were 0.9 months of available inventory in Fort Worth and 0.8 months in Tarrant County. April now marks six months of inventory below 1.0 month in Fort Worth. The Texas Real Estate … Read more
Inventory in Tarrant County dropped even further to 0.6 months. 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. This leaves potential homebuyers with very few options to choose from, and those that are available are … Read more
In the realm of good news, the inventory continues to climb, slowly but steadily. In May, there were 1.1 months of available inventory in Fort Worth. 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. Industry … Read more