Dallas-Fort Worth, Arlington TX was recently ranked in the top performing housing markets by NAR (National Association of Realtors). Although existing home sales are predicted to decrease around 6.8% from 5.13 in 2022 to 4.78 in 2023, overall home sales are still expected to be strong esp. in specific hot housing markets such as Dallas-Fort Worth, TX. Lawrence Yun, NAR chief economist, also predicts median home prices to rise in 2023 just .3% over 2022 to an average median home price of $385,800.
One thing for sure, if you're searching preowned or new construction single-family homes, townhomes or condos in the Dallas-Fort Worth area in 2023, you'll have more options and prices will be more competitive. Local home builders in Dallas Fort Worth, TX, such as First Texas New Homes in Dallas, are already offering amazing home buyer incentives moving into 2023 to encourage buyers to purchase such as thousands in build out incentives and buy down rates allowing home buyers to secure mortgage rates as low as 3.99%.
Top 10 Real Estate Markets in 2023
- Atlanta-Sandy Springs-Marietta, Georgia
- Raleigh, North Carolina
- Dallas-Fort Worth-Arlington, Texas
- Fayetteville-Springdale-Rogers, Arkansas-Missouri
- Greenville-Anderson-Mauldin, South Carolina
- Charleston-North Charleston, South Carolina
- Huntsville, Alabama
- Jacksonville, Florida
- San Antonio-New Braunfels, Texas
- Knoxville, Tennessee
If you're considering buying a home in Dallas Fort Worth, TX in 2023, contact one of our DFW home buyer specialists and let us help you find your next dream home!Posted by Kenneth G. Cox on