DFW Homes Selling Above Ask Price With Bidding Wars Fueling Hot Seller Market
Posted by Kenneth G. Cox on
The DFW home seller market is on fire right now with over 98% of homes in North Texas selling above listing price. Low inventory has ignited bidding wars on homes for sale in the Dallas-Fort Worth, TX real estate market resulting in a hot seller market in DFW with rising home values and elevated price points for new home buyers. A shortage of available homes for sale in the DFW housing market combined with low interest rates and rising home values has created a unique opportunity for both buyers and sellers to jump off the fence and make the move! Home sellers are particularly in an optimal position to sell and upgrade due to low days on market and the ability to maximize profit on their initial home investment and use those gains to purchase in…
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