September marked the fourth consecutive month of declining North Texas home sales as buyers have pulled back due to affordability challenges, and sellers are seeing fewer showings, offers and deals.
Last month, 7,724 single-family homes sold in Dallas-Fort Worth, a 17% year-over-year decline, according to the latest multiple listing service report from the Texas Real Estate Research Center at Texas A&M University and North Texas Real Estate Information Systems.
“Anytime there’s change, people get a little bit cautious, and I think that’s what you’re seeing from buyers right now,” said Misty Michael, broker associate for EXP Realty, in a discussion held by brokerage Opendoor in late September.
