February Newsletter
We are excited to bring you our newsletter in a new format! We share what is happening in the Dallas-Fort Worth/North Texas area. No doubt, higher mortgages have impacted real estate in the past year. The higher rates decrease buying power for consumers which in turn decreases demand. Although demand has weakened with higher rates, the supply is still low here and prices have not decreased as much as many thought they would. As you can see from the numbers below, each market is unaffected equally as Denton & Dallas Counties show appreciation, Collin County declines and Tarrant County is flat. Mortgage rates have appeared to have stabilized in the last two months. Many project the rates to remain somewhat stable as we head into the spring market.
About The Author
Shannon Slater
Shannon is a Certified Residential Real Estate Appraiser and serves as the Vice President of the DW Slater Company. She joined David at the DW Slater Company in 2006. Shannon graduated Cum Laude from the University of North Texas with a BA degree. Prior to joining the DW Slater Company, she was an Elementary School Teacher for the Pilot Point Independent School District. Shannon is an FHA Certified Appraiser. Shannon is a designated member of the National Association of Appraisers and a member of the Association of Texas Appraisers. In her free time, Shannon enjoys spending time with her family, singing in a local church choir, and tandem cycling with her husband.
Hey, the post showed up in the blog! Have a great weekend
Thanks! You too!
New year. New format. Nice.
Thank you!