Dallas-Fort Worth home sales down 7 percent in March 

DALLAS (Dallas Morning News) – North Texas home sales decreased by 7 percent in March, with prices slightly higher than in 2023. Data show 8,020 homes were sold in the area last month. Following a nearly 9 percent decline in 2023, January saw a 12.5 percent sales increase, but February experienced a slight 1.1 percent drop. The median price for single-family homes in the Metroplex was $395,000 in March, up by 1.3 percent from March 2023. Housing affordability remains challenging due to rising mortgage rates and weakening employment growth, slowing existing home sales.

Several of the lenders I work with have programs to help offset some of these challenges. Please contact me so we can see if they will work for you and your situation!

Steve Young with RE/MAX