Question Details

Pam Snowden, Real Estate Pro in 76008

What is the local Market condition like in the Dallas Ft. Worth area?

Asked by Pam Snowden, 76008 Tue Apr 22, 2008

The DFW Metroplex is remaining stable as other major markets face market corrections. The Metroplex has experienced a record high level of foreclosures over the last year, however things are beginning to stablize. The foreclosures are down 16% over last year's figures. The traditional "selling season" is beginning to heat up throughout the area. If you have been sitting on the fence and waiting to see how low the market will go, experts say NOW is the time to act with interest rates at record lows it is a Great time to buy.

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