Ricardo Mendiola Real Estate

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Ricardo Mendiola Real Estate

Ricardo Mendiola is a licensed Realtor and specializes in helping his clients with all their RE needs

08/05/2026

Remember 2021?

You'd find a home you loved, submit an offer the same day, skip the inspection to stay competitive, and still lose to someone who paid $30K over asking in cash.

Inventory across DFW was razor thin. Every listing felt like a last chance. The pressure was relentless.

That era is over.

Here's what July 2026 actually looks like in North Dallas and the Metroplex:

🏠 4.4–4.7 months of housing supply. We are officially in buyer-favorable territory
📅 Median 51 days to pending across the metro (Dallas proper: ~40 days)
💰 Median sale price holding at ~$400,000; values stable, not collapsing
✂️ Up to 46% of active listings have had at least one price reduction
💵 Average price cut: $12,500–$15,000 off original list
📉 Mortgage rates at 6.49%, with sellers offering buydowns to bridge the gap

If you've been sitting on the sidelines since the frenzy, waiting for the market to give buyers a real chance, this is that moment.

Inspection contingencies. Price reductions. Rate buydowns. Seller concessions. Nearly two months of average market time. Things that were nearly impossible to ask for three years ago are standard across most of DFW right now.

I'm not saying it's perfect. I'm saying it's the best window buyers have seen in years.

Source: MetroTex / NTREIS, MDR Education Group, Texas Real Estate Research Center · July 2026

📩 DM me or tap the link in my bio. Let's talk about what this market means for your move.

📍 Serving all of DFW | English & Spanish | 🌐 ricardomendiola.com

08/03/2026

Online estimate algorithms are fine for fun, but they don't know about that newly renovated kitchen or your neighborhood's exact micro-trends. 🛋️✨

Real estate prices are constantly moving, and knowing your home equity gives you options.

Curious about your current numbers? Shoot me a message or drop an emoji below, and let’s chat! 📊

07/31/2026

Dont accept the first offer without knowing your options.

Take time to review the numbers, terms and what works for your goals.

The highest offer isnt always the best offer. Making the right choice means looking at the full picture. Lets make the right move together. 🏡

07/30/2026

Nearly half of all active DFW listings have cut their asking price.

Let that sink in.

46% of homes across seven DFW counties have reduced their price within the last month alone, and 4 in 10 of those are repeat reductions from sellers still chasing a market that has already moved.

Here's what today's DFW buyer can actually ask for:

✂️ Price reductions — averaging $12,500 to $15,000 off original list price (3.5–3.6%)
💳 Closing cost credits — sellers covering points and fees to close the deal
📉 Rate buydowns — sellers buying down your interest rate at 6.49% to make payments workable
🔍 Inspection contingencies — no more waiving just to win
🏗️ New construction deals — builders in Tarrant, Collin, and Denton counties cutting aggressively to clear inventory

In resale markets like Tarrant County, existing home discounts are averaging 5.4–5.5% off original list. In builder-heavy submarkets, it's even more aggressive.

This is negotiating leverage. Real leverage. The kind buyers haven't had since before 2020.

If you're actively searching in DFW and want to know exactly how to structure an offer in today's market, let's talk before you submit anything.

📩 DM me or tap the link in my bio.
📍 Serving all of DFW | English & Spanish | 🌐 ricardomendiola.com

Source: MDR Education Group, Texas Real Estate Research Center, Republic Title · July 2026

07/29/2026

Mortgage rates have been on the wildest ride in a generation. Here's the story most people don't tell in one place.

2021: 2.65%. The lowest 30-year fixed rate ever recorded. On a $400K home, that was roughly $1,600/month in principal and interest. At the time, buyers thought rates were just "good." In hindsight, it was a once-in-a-lifetime window.

2022–2023: The Fed moved fast. Rates went from ~3.5% to over 8% in less than two years. The fastest spike in 40 years. That same $400K home now costs nearly $3,000/month. Buyers froze. Sellers who had locked in 2–3% refused to list. The market seized.

2024–2025: Rates eased... gradually. Buyers who had been waiting for a return to 3% stayed on the sidelines. Meanwhile, DFW inventory was quietly rebuilding. The buyers who moved during this window bought with less competition and more room to negotiate.

2026: Rates are still elevated relative to the pandemic lows, but the market has shifted meaningfully in buyers' favor. 4.3 months of supply. Nearly 31,000 active listings. Sellers offering rate buydowns just to close the gap.

Here's what I've learned watching this for 11 years: the buyers who win aren't the ones who time the perfect rate. They're the ones who buy when the conditions are right, and refinance when rates move.

Your rate is not your forever rate. Your equity is.

📩 Tap the link 🌐 ricardomendiola.com. Let's look at what the numbers look like for your situation specifically.📍 Serving all of DFW | English & Spanish

07/28/2026

Make this the place you call home. This week’s featured home has all the right vibes, and it’s even better in person. Come take a look and see if it feels like the one for you! 🔑

Listed for $999,000 | Kim Kankel

4 Bedroom • 4 Bathroom • 4,067 Sqft

Address

18333 Preston Road Suite 100
Dallas, TX
75252

Website

http://Www.RicardoMendiola.com/

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