March Newsletter 🍀
It’s March! They say March comes in like a lion and out like a lamb. So far in North Texas real estate we haven’t seen much of the lion, just a lot of rain! In the real estate market, February wasn’t too different from January, not much lion happening in housing either! Mortgage rates did rise some in February which tampered down any big moves in the market. The median sales prices are up from the same time last year in all of the markets with the exception of Collin County. Supply is up and sale volume is down. Typically the markets will heat up in the spring but it remains to be seen how much higher mortgage rates and lack of affordability will impact the North Texas Spring Markets. Below are the numbers for Denton, Collin, Dallas & Tarrant Counties.
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.
Great graphics!
Thank you!