Housing Report: Supply of houses rises, prices fall
The number of houses on the market in Fort Worth in August reached its highest level so far this year and the median price was down.
Source: fortworthbusiness.com
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The number of houses on the market in Fort Worth in August reached its highest level so far this year and the median price was down.
“We’ll have to embrace the change,” said one homeowner.
It’s the third month in a row that Fort Worth has had two months of housing inventory. It’s a far cry from a balanced market.
With the busy home-buying season underway, prospective buyers may be disappointed by a limited supply of available homes.
The Fort Worth housing market recorded some good news in March with a slight uptick in the median sales price.