Hot North Texas real estate market has buyers struggling to keep up
DALLAS – The housing market in North Texas is red hot right now and a little too hot for some.
Home prices in the Dallas-Fort Worth area are up 24% from this time one year ago.
It is a great time to be a seller with prospective buyers offering all sorts of incentives to put themselves over the top.
Realtor Nikki Barringer with Dave Perry-Miller said there are plenty of factors that have created this market but much of it is simple supply and demand.
“We have definitely a home shortage. We’ve got 370,000 people who moved here last year,” she said. “In what world does Dallas…