March took a turn that no one could prepare for or predict. This is how the #DFW real estate market fared in March 2020.📉 📌 On an economic forecast call on Wednesday, there are predictions for the local Dallas market to have a down 1st quarter (because of March) and 2nd quarter. The second quarter is usually the spring busy season. 📌 The economist predicted a mere 10% decline in sales here. However, the other prediction was that the market shall bounce back by the 3rd and 4th quarters meaning July-December.📈 📌 As of right now, it reads as a seller's market with under 6 months of inventory. The buyer's market in DFW is more of your luxury real estate prices. This news was brought to you by our friends at #FairTexasTitle. Need #realestate questions answered by the #Dallas market? Chat with me. -- Andrea 📞 972-813-9788 📧 [email protected] ⌨ NewAvenueRealty.com (at New Avenue Realty at Keller Williams - Dallas Preston) https://www.instagram.com/p/B-zVN52nBuY/?igshid=qtugwaj2uzzs
