The housing market is constantly making the headlines. Are we headed for a crash? A boom? You may not realize this but the news is always looking for the best way to attract your attention. Let's face it. Good news does not attract the same level of attention as bad news. Also, most news that you hear is generalized national news and not local. Clickbait, which sensationalizes headlines and content, is not new and the housing industry is not immune to it nor are your friends and family.
That's why it's so important that you rely on a LOCAL D/FW real estate expert that can provide you the facts for your city and your neighborhood. Better than that, if your LOCAL D/FW real estate agent has full-time experience beyond the last 5 years, you will benefit from a well-rounded knowledge-base on home prices, housing supply, and expert projections that are critical now.
Jason Lewris, Co-Founder and Chief Data Officer at Parcl, says it well:
"In the absence of trustworthy, up to date information, real estate decisions
are increasingly being driven by fear, uncertainty, and doubt. "
However, it doesn't have to be that way. Buying or selling a home is a big decision that you should have confidence in. You should be leaning on your LOCAL Dallas Realtor to help you determine what is fact or fiction and provide answers to your questions. The right agent can help you understand both what is occurring at a national and local level and how it impacts your home buying and/or home selling decisions. There are normal ebbs and flows in the real estate market that balanced against historical data will take the fear out of the headlines. In many situations, the Dallas real estate market does not follow national trends. Additionally, Dallas real estate trends may vary from city to city. For example, Frisco real estate trends may differ from Plano real estate trends vs. North Dallas real estate trends.
Buying or selling a home is potentially a life-changing event. It should be an event you feel ready for and are excited about. And that's why leaning on an experienced and trust expert can make all the difference.
For expert guidance and advice that includes housing market insights, reach out to me today. I'll help you understand the current market so your decisions are made from confidence and not fear.