Tuesday Nov 01, 2022

Is the Housing Market DOOMED? November 2022 North Texas Market Update

What is happening in the Dallas-Fort Worth Housing Market? Are home prices falling? How does the recession impact home prices? Should you move to, or in, North Texas right now? What is the housing market like in DFW? Should you buy a house right now? Should you sell a house right now?

Chase gives a fuller explanation of the heart behind these updates why he has focused on the News on the Ground and Nerd Corner segments as necessary info for home buyers and home sellers in DFW. He also provides insight into the only 2 factors that should matter when buying a house - motivation and money. If a person has a real motivation to move, whether because of job and life changes or just a clear desire. And if a person can afford to move monetarily, if they have the funds and can afford the monthly payments. Chase proposes that these are the things people should put the most weight on when thinking of moving, not news headlines and angry people on the internet.

In the "News on the Ground", Chase shares the current state of the DFW home market and how things have not crashed the way people have predicted. He gives reasons why this may be the case and why he continues to expect a more stable market and not a home market crash. He then shares the current things home buyers should expect and the current things home sellers should expect if they are planning to move and interact with the real estate market including how long houses take to sell right now and how much people can negotiate on price.

In the "Nerd Corner", Chase addresses the current news headlines about quickly slipping prices. Home prices are falling in DFW and nationwide, but Chase shows why these stories are not what they claim to be, and how this fall to winter price drop in the housing market is a normal yearly occurrence. He shows a graph of the last 10 years of price cycles and even shares how a similar dynamic happened last year in the peak of the home market.

Chase Hansen, a Realtor with Remax Pinnacle Group in Central DFW (based in Arlington), gives monthly updates into the DFW 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!

Find the Video Version on YouTube at the "Chase Hansen - DFW Realtor" Channel, and follow and reach out on Instagram @HansenRealtorsDFW

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