Since last week, New Listings have increased while AOC, Pending and Closed properties decreased. The market wobbled again indicating that many buyers have tapped the brakes because four of the last six weeks have seen more houses enter the market rather than leave.
This week included college graduations, historic property tax increases with disputes, a continuing war in Ukraine. Fuel prices increase daily to break record highs in many places as well as the national average.
The lease market had a decrease in both New Listings and Closed Properties while Pending Properties increased. The lease market also saw more properties list rather than close after three straight weeks of being inverted.
I’ve Got Your Six!
Mark M. Hancock, GRI, MRP, AHWD
REALTOR, New Build certified
214-862-7212
DFWmark.com
#DFWmark #REALTOR #MarketWatch #AlignedMarket #MixedMarket #BuyNow #SellNow #HighRent #graduation #RecordFuelPrices
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