Price cuts in Dallas Texas area
Am I the only one noticing the price cuts on Single Family in Dallas Texas area?
Is the market cooling ?
Ken
Most Popular Reply
@Kenneth Kussman - we are seeing the same thing in the North Tarrant area for any decent properties in the $150-$250K range. They are usually listed with "will accept offers until ______ date/time". Most continue to have offers received (often multiple offers) within same day of listing.
@Jason Griffith - While we continue to actively look for additional properties, we are also hoping and expecting the market to cool down this fall/winter for better investment opportunities. Searching the comps for the past year, the DOM for listings in that price range were significantly higher in the fall/winter. Given the huge Legacy West development and businesses / new jobs being added, we've been starting to look up in the Colony, Frisco, McKinney, Allen, and Carrollton areas as well.