NBC-DALLAS-FT. WORTH: Cooling Reported in North Texas Real Estate Market
July 25, 2018 – by Ken Kalthoff – The real estate market is cooling in parts of North Texas according to realtors and experts. Factors include rising interest rates, a larger inventory of houses for sale and some buyers priced out of the market by soaring price increases the past few years, according to expert Paige Shipp with the real estate research company Metrostudy.
“I’m very cautious about calling it a slow down because we’re going from having 10 offers to having 3 offers, right? It’s not nearly as competitive and we are starting to see some price reductions,” she said.
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