DFW December 2019 Home & Condo Stats Hint at Record Breaking 2020 Sales Forecast
Posted by Kenneth G. Cox on
DFW Home & Condo sales statistics for December 2019 paint a positive outlook for 2020 throughout the Dallas Fort Worth, TX Metroplex! Check out the latest housing statistics for DFW home and condo sales below including inventory and pricing for Dallas, Denton, Collin, Tarrant and Rockwall County. The December 2019 housing report provided by Republic Title includes stats on new listings, active listings, average days on market, average home prices, dollar per square foot averages and total number of sales.
Economists are predicting another record year for the 2020 DFW Real Estate Market due to a number of positive indicators including low interest rates, increases in pre-owned and new construction inventory and a solid booming economy! Be sure and…
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Economists have mixed reviews for the 2020 U.S. real estate market forecast in reference to home sales and price gains but one opinion seems to be shared.... the Dallas-Ft. Worth, Texas market is expected to outperform most of the large urban markets throughout the country! Many economists forecast home sales and prices to decrease slightly throughout the U.S. for 2020, but many local brokers and agents in the DFW area expect the exact opposite with expectations of slight increases for both pre-owned and new construction home and condo prices and sales. In some cases, models with variables such as lower interest rates and more favorable conventional and FHA loan programs and options that increase buyer purchasing power show home sales numbers through…
DFW ranks 4th most popular metro to metro migration destination by CommercialCafe, a nationwide commercial real estate listings platform apart of Yardi Systems. Using U.S. Census bureau data, CommercialCafe was able to determine the top 10 most popular destinations for metro to metro migration which accounts for many of the population shifts.
If you're looking for options during your Dallas condo search, here are four buildings close to downtown that all have pretty strong inventory heading into the busy spring market.
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