July 15, 2022

As DFW buyers and sellers are adjusting to the new reality of higher interest rates, a new trend is starting to set in. There are fewer buyers shopping for homes, but those who are in the market at the moment are making offers quickly (possibly rushing to lock in the current rates before they go up again). The overall number of homes for sale is similar to last year’s volume, but the number of showings per house is down significantly from the same month last year.