469-582-0282
RE/MAX DFW Associates VI 11955 Dallas Parkway #300 Frisco, TX 75033
Each office independently owned and operated
C ynthia F owler
RE/MAX Hall of Fame REALTORÂŽ, ABR, SRS, SFR, I.R.E.S RE/MAX DFW Associates VI
T he H omestead at C arrollton
214-803-3452
CynthiaFowler@remax.net www.TheHomesteadHomes.com
The Summer Recovery Market is Here!
Real estate activity is inching closer to pre-COVID January trends, putting us nearly half way through the path to a full recovery. As the market heads into the summer, two of the four recovery index components remain above their pre-COVID lockdowns baseline.
Housing Demand remained visibly above the recovery threshold. Homebuyer interest has recovered quickly and remains high as low mortgage rates, virtual tools and lockdown lifts have enabled buyers to continue the search. Home Prices moved further past the recovery threshold. Prices have regained momentum as the mix of inventory shifts back toward higher priced homes and demand for entry-level properties surges. Housing Supply continues to follow a path to recovery. While lockdown measures subside and foot traffic resumes, we have yet to see normal levels of listings enter the market. INVENTORY IS CRITICALLY LOW! Pace of Sales has started to stabilize. As more buyers and sellers reunite, days on market may decrease. Buyers eager to capitalize on historically low interest rates are looking to take advantage of these unique market conditions.
R eal E state M arket R eport | A ugust 2020
Prepared Especially for Jonathan-Thomas and Angela-Marie Washington Presented by Cynthia Fowler
Jonathan-Thomas and Angela-Marie, Selling your property during the upcoming months could realize a great return on your investment. Please contact me today at 214-803-3452 for a no-obligation market analysis of your home.
RE/MAX DFW Associates VI The Homestead’s Top-Producing Agent RE/MAX Hall of Fame D Magazine - 2019 Top Producer