Home Prices in North Texas Could Be On The Rise Again in 2022
Posted by Kenneth G. Cox on
Buyers in North Texas could be looking at another boost in home prices next year. Already, early estimates suggest prices could again be going up.
According to Porch.com, a moving and renovation website, the Dallas-Fort Worth area could see a 21-percent boost. It bases its estimates on real estate projections from Redfin, Zillow, and from information obtained by the US Census Bureau.
That puts Dallas-Fort Worth in ninth place among large US housing markets Previously, the one-year change in home price for the area, according to Porch.com, was about 14-percent.
Just a couple of months ago, the median home price in Dallas-Fort Worth was around $297,000. Some real estate professionals, however, say buyers are already starting to feel the pinch.
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