Since last week, New Listings and Sold have increased while Properties Under Contract are flat and Pending have decreased. Even with inventory gains, the market remains widely inverted.
The Lease Market gained Listings and Leased while Pending Properties decreased as a new month began.
The end of the CDC eviction moratorium may have started to work into the housing market – particularly the lease market. It should take a few weeks to notice significant differences.
The lease market remains inverted with more houses leaving the market than entering. There’s still great demand for lease housing. The low Leased number most likely reflects limited inventory.
Call, text or email when you’re ready for help when you sell or buy a residential property in this complex market.
I’ve Got Your Six!
Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212
DFWmark.com
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