How the Economy Impacts Real Estate in DFW | April 2023 Housing Market Update North Texas

How is the housing market in Dallas-Fort Worth? How will a recession or changing economy impact buying or selling a house? Is it a good time to buy a home in Fort Worth? Is it a good time to sell a house in Dallas? What's happening with mortgage rates and home affordability? Should you move to North Texas and DFW right now? Is it a buyers or sellers market?

Chase explains how bank failures, the Federal Reserve, and a coming recession impact the housing market in the Dallas Fort Worth area, and how buyers and sellers can best take advantage of this moment in the Real Estate Market.

In the "News on the Ground", Chase shares the current state of the DFW housing market for home buyers and home sellers. Buyers have competition in the market, but can manage it with the right planning and mindset. It is one of the best times of the year to sell a house, and people wanting to get the most money for their home sale likely want to move soon given looming factors later in the year. Both buyers and sellers would benefit from the right help and expert advice in this marketplace.

In the "Nerd Corner", Chase shares how major economic stories impact the housing market. One topic of interest is the Silicon Valley Bank failure and how thank could impact markets and housing. The other topics Chase addresses are the changes in behavior from the Fed given recent news as well as the threat of a recession and how that would impact housing.

Chase Hansen, a Realtor with Remax Pinnacle Group in Central DFW (based in Arlington), gives monthly updates for the Dallas-Fort Worth home market that provide insight into what it is like for buyers and sellers in the current market, and what the broader market trends and statistics are saying. If you or someone you know are looking to buy, sell, rent, or invest in residential real estate in North Texas, I'd love to help!

 

Contact Me:

Email directly at ChaseHansen@Remax.net

Follow and DM on Instagram @HansenRealtorsDFW

Feel free to reach out and let me know how I can help!

The video version of this is on the channel "Chase Hansen - DFW Realtor" on YouTube

 

1:41 - News on the Ground

6:03 - Nerd Corner

6:54 - Bank Failures

8:42 - Federal Reserve

9:56 - Recession

11:38 - Home Help in DFW