DFW Home Market Update

An audio version of DFW Realtor, Chase Hansen’s, Housing Market Updates for the Dallas-Fort Worth Area and North Texas. Chase is a Realtor with Remax Pinnacle Group serving the greater DFW area. Find the video versions on YouTube at ”Chase Hansen - DFW Realtor” and follow @HansenRealtorsDFW on Instagram!

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Episodes

Wednesday Mar 08, 2023

How is the Dallas-Fort Worth Housing Market? How does 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 changing factors and volatility have impacted the Dallas Fort Worth Area housing market so far in 2023, and how buyers and sellers can best take advantage of a unique 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 are dealing with changing mortgage interest rates and affordability, but many have factored these costs in already. We have continued to see competition and even some multiple offer situations in houses that are well priced and in good condition, especially in the first time home buyers price point. Sellers can take advantage of the lower inventory, but should consider the pressures on buying conditions as a warning sign and price wisely. Those who want to sell this year in Dallas Fort Worth area will do best if they seek competent professionals and price based on current market research.
In the "Nerd Corner", Chase shares the competing factors and trends that are causing so much uncertainty and volatility in what he is calling the current tug of war of the real estate market. Essentially, there are several factors that alone would push house prices down or up, but because they are all happening at the same time lead to conflicting signals and narratives in the news cycle. Chase advises that people should base their decisions on factors that are less volatile, namely their budget and house needs along with the historical trends. Hopefully the info shared in this section can help people make more confident home buying or selling decisions on timelines that are right for them, not based on fear and news cycles.
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 at "Chase Hansen - DFW Realtor" on YouTube!

Wednesday Feb 01, 2023

@HansenRealtorsDFW on YouTube and Instagram
 
How is the Dallas-Fort Worth Housing Market? 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 lower mortgage rates have impacted the Dallas Fort Worth Area at the beginning of 2023, and how buyers and sellers can take advantage of a unique 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 returned to the market more quickly than home sellers, leading to competition and even some multiple offer situations in houses that are well priced and in good condition. Many sellers have not begun listing houses yet this early in the year, but with lower mortgage rates, buyers have already jumped back in, so Chase recommends that sellers could take advantage of the higher demand to get a home sold more quickly with better terms. No one knows whether mortgage rates will continue their trend of dropping throughout the year, or if the Federal Reserve will shift them back up, so it is smart to make moves when you're financially able.
 
In the "Nerd Corner", Chase shares statistics from the Mortgage Bankers Association showing the rising demand in the home market nationwide, as well as an article outlining a rise in home builder sentiment in the US. These stories back up the experience on the ground and could point to a stable year of activity in the housing market, although Chase reminds viewers that they should not rely on the Federal Reserve to move in their home buying or selling interest, so it is important to think through all the factors when deciding when to move.
 
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!

Sunday Jan 01, 2023

@HansenRealtorsDFW on YouTube and Insta
How is the Dallas-Fort Worth Housing Market? What's happening to Mortgage Interest Rates? Can people afford to buy a house? Are houses harder to sell? Are home prices dropping? Should you move to North Texas and DFW right now? Is now a good time to buy or sell a house? Is it a buyers or sellers market?
Chase explains how the market shift has impacted the Dallas Fort Worth Area and what experts are saying about 2023 for the real estate market, interest rates, and affordability.
In the "News on the Ground", Chase shares the current state of the DFW home market for home buyers and home sellers. Buyers are already returning to the market and have access to some of the cheapest prices we expect to see this year. This is good for sellers too because more buyers means that days on market will drop and selling will get easier. Chase warns buyers and sellers alike not to make the mistake of using just any agent. This market is more complicated and will take more expertise to navigate and protect you as a consumer.
In the "Nerd Corner", Chase shares why mortgage rates have been dropping and what the experts are predicting for the next year. Mortgage interest rates impact affordability and lower rates open up access to more buyers. Chase give tips to maximize your impact as a buyer if you have been waiting for mortgage rates to get lower.
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!
Email ChaseHansen@Remax.net for help and questions! Follow and reach out on Instagram @HansenRealtorsDFW and find the video version of this on YouTube @HansenRealtorsDFW

Saturday Dec 17, 2022

What will happen to the Housing Market in 2023? Will mortgage rates go up or down? Will home prices crash or rise? What will it be like in the Dallas-Fort Worth Area and North Texas in the coming year? The Hansen Team gives their market predictions for DFW in 2023 based on news and research from top experts, and advice for people planning to move in 2023 based on professional experience! They review the market shift of 2022, the problems of the previous real estate market, as well as the opportunities and obstacles presented by the slower market of the fall and winter of 2022. They then turn to give predictions for 2023 based on market experts and researchers. They share Information on mortgage rates falling based on the predictions of Dr. Lawrence Yun at the National Association of Realtors and Redfin Research, both of which agree that rates are likely to fall throughout the year to under 6%. They also share expectations for home prices in the area, noting that experts at NAR expect prices to hold firm and not drop, plus a new article from NAR pointing out DFW as one of the most likely markets to grow in price in 2023 based on specific market factors. Finally they share their own tips to buyers and sellers for 2023 to get the most out of the 2023 market. Chase Hansen and Lori Gentry are a Real Estate team serving the Dallas-Fort Worth Area and North Texas. If you want help buying or selling a home in 2023, or just to discuss your options, feel free to email chasehansen@remax.net for help! You can also connect with the team on Instagram @HansenRealtorsDFW

Wednesday Nov 30, 2022

How is the Dallas-Fort Worth Housing Market? Has the home market crashed? Can buyers get deals on houses right now? Is inflation helping or hurting home buyers and home sellers? Should you move to, or in, North Texas and DFW right now? When will mortgage rates fall and make houses affordable again? Should you buy a house right now? Should you sell a house right now?
Chase explains how the Holidays and Christmas Time are generally the slowest time of the year in the real estate market, and it is pretty normal to see prices drop and longer days to sell this time of year. People don't like to move during the holidays, so it tends to be a good time for buyers to get better deals and a slower time to sell.
In the "News on the Ground", Chase shares the current state of the DFW home market for home buyers and home sellers. People who want to buy a house right now have a lot more home inventory to choose from, better prices, and an easier time getting concessions and repairs from sellers who are motivated. People who want to sell a house right now are facing longer days on market, and are subject to the competition and consequences of the market shift. Chase explains that these factors make it more important than ever to have a good real estate agent to help you strategize and position you home on sites like Zillow and help you sell more effectively to meet your family's goals.
In the "Nerd Corner", Chase shares a news story from November about inflation and mortgage rates. On November 10th the Consumer Price Index report, or CPI, revealed lower than expected inflation numbers for October, and this led to a sudden Mortgage Rate drop. Chase explains how the Federal Reserve has been manipulating rates, and shares how this might point to inflation lowering in 2023 and how this may cause a sudden and significant drop in mortgage interest rates and another market shift. He then gives strategic thoughts for how to position yourself as a buyer if rates are a factor you are waiting on to take full advantage of any coming market changes.
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! Follow and reach out on Instagram @HansenRealtorsDFW and find the video version of this on YouTube at "Chase Hansen - DFW Realtor":
https://www.youtube.com/@HansenRealtorsDFW 

Tuesday Nov 01, 2022

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

Tuesday Oct 04, 2022

What's new in the Dallas-Fort Worth Housing Market? What's happening with mortgage rates? Why is it so expensive to buy a house now? Are the news headlines right, is the recession coming and market crashing? What's happening in the home market in North Texas and DFW?
The News on the Ground (what it's like as a buyer or seller in the market right now) is that the housing market has continued to cool off with longer days on market for houses, and some sellers having to take prices lower than asking. If you are wondering how long it now takes to sell a house or whether you should be worried if a house has been on the market a long time, Chase explains that 30 days is now the average in Dallas and Tarrant Counties. In the Statistics Corner Chase shares information from Dr. Mark Dotzour, a real estate economist, about home prices and why home inventory numbers are a good indication that home prices should be fairly stable despite new headlines. Finally in the Pro Tip for this month Chase explains the value of open houses, how they work, and how buyers and sellers can protect themselves and get a leg up with this real estate tool.
Chase Hansen, a Realtor with Remax Pinnacle Group in Central DFW, provides insight into what it is like for buyers and sellers in the current market, what the broader market trends and statistics are saying, and give an explainer for how open houses work in a real estate transaction and helpful warnings for home buyers. 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

Tuesday Oct 04, 2022

What's new in the Dallas-Fort Worth Housing Market? News headlines and mortgage rates have people fearing a market crash. Is the home market in North Texas cooling? Correcting? Crashing?
Chase Hansen, a Realtor with Remax Pinnacle Group in Central DFW, provides insight into what it is like for buyers and sellers in the current market, what the broader market trends and statistics are saying, and offers an explanation of how negotiations actually work in a real estate transaction. 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 on YouTube "Chase Hansen - DFW Realtor", and reach out on Instagram @HansenRealtorsDFW

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