• The median sales price of a NEW home fell nearly 6% YOY.
• 66% of builders used sales incentives, the highest share since the pandemic.
• Sellers outnumber buyers by 36%.
• Starting Sept. 1, TX law will ban certain foreign nationals from buying land.

Mortgage rates decreased this week to their lowest point in nearly 10 months, opening the door for more buyers, and homeowners, to take advantage of better financing. Many investors now believe the Federal Reserve will hold interest rates steady for a while, and possibly even cut them later this year. That’s good news for anyone ready to act, even though housing inventory is still tight.

Questions or thinking about selling? 

Contact The McDonald Group today. Your go-to Realtors in DFW.

home@mcdonaldREgroup.com

214.233.6809