Dallas Housing Market Update January 2024:

In this video I give my answer to the big question Realtors, buyers, and sellers are asking: Will the Dallas Housing Market be better in 2024 than it was in 2023?

I’ll explain why we’ve seen rates go up when everyone predicted they’d go down, (along with when we might see them go down again).

I’ll tell you about Fannie Mae’s surprising interest rate prediction along with a look at how Dallas-Fort Worth compares to the nation when it comes to affordability.

As always, I will give you the market update on what happened for real estate in December as we closed out 2023.

Thinking of buying or selling a home in the Dallas-Fort Worth Metroplex? My team and I would love to help!

Email me at jshannon@kw.com to get started or start with a text to 214-803-4444.

When will we see mortgage rates drop in 2024?

What will the housing market demand be in 2024?

What will we see with housing market inventory in 2024?

Which direction will prices go in 2024?

In this month’s real estate market update, we’re talking about the DFW submarkets that are getting multiple offers in this market and selling above the asking price.

I’ll share the interesting shift in builder confidence and what that means for new build opportunities over the next few months.

We’re also going to talk about interest rates and when we might have a chance of seeing them drop back below 7%.

And, of course, we’ll hit on the monthly market numbers for DFW.

In this month’s real estate market update, we’re talking about the DFW submarkets that are getting multiple offers in this market and selling above the asking price.

I’ll share the interesting shift in builder confidence and what that means for new build opportunities over the next few months.

We’re also going to talk about interest rates and when we might have a chance of seeing them drop back below 7%.

And, of course, we’ll hit on the monthly market numbers for DFW.