The Dallas housing market is witnessing a cooling trend, with 8% of listings at risk of selling for less than the purchase price, up from 3% last year. For sellers who bought post-pandemic, the risk rises to 26%, while 13% of pandemic buyers are in a similar position. The market remains more balanced than other cities, such as Austin, though sellers still outnumber buyers, pressuring prices downward. Overall, 94% of sellers nationally still profit from their sales, contrasting sharply with 2012 data which showed only 37% making a profit.
In Dallas, 8% of listings are at risk of selling for less than homeowners bought them for, a significant increase from last year, reflecting broader market trends.
26% of sellers who bought post-pandemic are at risk of losing money on the sale, compared to 16% nationwide, highlighting local market pressures.
Despite the risks, the majority of sellers in Dallas are still making money; nationally, 94% of homes sell for more than they were purchased for.
The rapid price appreciation in the Dallas housing market, peaking during the pandemic, has led to a substantial number of listings now facing potential financial loss.
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