Even with higher mortgage rates than a year ago and not much relief on home prices, buyers still clearly have an appetite for North Texas properties with...
, according to the Texas Real Estate Research Center. That gave buyers plenty of options to choose from when those homes wrapped up construction this spring.
In other parts of the country, buyers are similarly coming back to the market, but those areas simply don’t have the inventory to support the demand, Divounguy said. Rick Sharga, founder and CEO of CJ Patrick Co., speaks to journalists at the National Association of Real Estate Editors conference in Las Vegas June 7.
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