Calling all Dallas-Fort Worth residents! The housing market is a hot topic, and with 2024 just around the corner, everyone wants to know what's in store.
Here's a peek at what our crystal ball reveals for the DFW housing forecast:
** Market pace:** Hold steady, with a slight 0.1% increase in home sales compared to 2023.
** Prices:** Expect some stabilization, with single-family home housing starts predicted to rise by a modest 0.4%.
** Buyer power:** While affordability still plays a role, the competition might ease slightly, offering more breathing room for buyers.
** Rentals:** Brace for a surge in apartment units, with an estimated 44,000 added to the market in 2024 and 2025.
** Bottom line:** The DFW market remains dynamic, with both opportunities and challenges ahead.
Want to navigate this shifting landscape with confidence? The DeBerry Team of KW has years of expertise and local knowledge to help you achieve your real estate goals in 2024 and beyond.
Contact us today for a free consultation! Roxanne DeBerry 214-676-8040
Remember, this is just a forecast, and the actual market may differ. Always consult with a qualified real estate professional for personalized advice. This is also a large area forecast and each area of the metroplex has it's own dynamics.
Posted by Roxanne DeBerry on
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