Alan Pace, Realtor Fathom Realty LLC

02/12/2024

Understanding the Trend: Why Price Cuts Are Becoming Less Common in the Real Estate Market. 214-906-4812

According to housing wire. So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. This calls into question a mortgage rate lock down, as mortgage rates are also higher year over year.
What is all this data pointing to? Well it looks like we are going in the right direction. Weekly new listing data for last week over the last several years:
2024: 51,875
2023: 44,533
2022: 45,594

Inventory remains low and prices stable to higher in most markets. Including DFW. So get a plan if you need a home. Waiting and timing the market is not a good option.
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While weekly housing inventory is still falling, we have year-over-year growth in total active listings and new listings data.

02/10/2023

Interest rates have come down. This is what is happening concerning homes for sale. In under a minute.
Schedule a phone call here. 👇
https://calendly.com/realestateindfw

01/05/2023

It is a Buyers Market. Watch these stats. In under a minute "To The Point"
Lets talk about it. Click here.
https://calendly.com/realestateindfw
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11/17/2022

First Time Homebuyer Wrap up. If the 22 videos we did help just one first time homebuyer, friend, family or other wise then it is a worthwhile endeavor. Did you miss any? They are all here for review anytime from anywhere. Just click YouTube link
https://lnkd.in/d7AZuiEk

From here we move on to other real estate and finance subjects, scenarios, news and more. Variation of all to follow. And as always all videos under a minute. We will get "To the Point" Wanna talk click calendley link to schedule a call. https://lnkd.in/gJaazXTe

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10/05/2022

With Rates higher than last year, are you hesitant to buy? Take a look at the 10 year cost of buying this year at market price with a higher rate to overpaying last year.

10/01/2022