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Dallas housing market plunging ?


kakatiya

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Is this real news 

 

Home prices have plunged by $100,000+ since spring in Frisco, Plano, Irving, comparisons show

The Texas housing market has cooled quickly not only in terms of pricing, but sales volume, as well.
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Median home prices are down $152,000 in Frisco, $115,000 in Plano, and $110,000 in Irving from their springtime highs, according to a city-by-city analysis.

Median prices for single-family houses are down $90,000 in McKinney, $72,000 in Dallas, $67,500 in Richardson, $40,000 in Fort Worth, $37,000 in Denton, and $26,000 in Arlington from their peaks earlier this year, according to AgentStory, a tech company that pulled home price data in select North Texas cities at the request of the Dallas Business Journal.

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Almost 150k drop undi on a 750-900k home in Frisco in the last 2 months.  The same homes used to be 500k 3 years ago. Now they are at 700/750. during peak times they used to sell for 850 to 900k..last year peak lo illu gonna vallaki substantial drop undi home price..

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11 minutes ago, JambaKrantu said:

Almost 150k drop undi on a 750-900k home in Frisco in the last 2 months.  The same homes used to be 500k 3 years ago. Now they are at 700/750. during peak times they used to sell for 850 to 900k..last year peak lo illu gonna vallaki substantial drop undi home price..

no buyers for above 500K homes. It is not just dallas suburbs but it is everywhere. 

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10 minutes ago, sureshkonda said:

no buyers for above 500K homes. It is not just dallas suburbs but it is everywhere. 

https://www.zillow.com/homedetails/417-Prescott-Dr-Chester-Springs-PA-19425/67349089_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare
 

maa near by area. Listed for 925 and pending sale at 1M. Illu baagunte inka kontunnaru janaalu over the asking price ichi.

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1 hour ago, megadheera said:

https://www.zillow.com/homedetails/417-Prescott-Dr-Chester-Springs-PA-19425/67349089_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare
 

maa near by area. Listed for 925 and pending sale at 1M. Illu baagunte inka kontunnaru janaalu over the asking price ichi.

orey naayana, Dallas lo e fall colors edanunchi vachay ani anukuntuna..

discussion endi, nee post endi baaa..

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1 hour ago, megadheera said:

https://www.zillow.com/homedetails/417-Prescott-Dr-Chester-Springs-PA-19425/67349089_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare
 

maa near by area. Listed for 925 and pending sale at 1M. Illu baagunte inka kontunnaru janaalu over the asking price ichi.

I have been saying the same

dfw lo nothing changed except old home prices ki some  price reduction

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