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Why North Dallas Home Prices Are Suddenly Dropping

What's Happening In Dallas

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Why North Dallas Home Prices Are Suddenly Dropping

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Why are North Dallas home prices suddenly dropping? Rising inventory, aggressive new construction, higher mortgage rates, and builder incentives are giving buyers more leverage while forcing sellers to adjust to a changing market.
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🤠Buying or Selling A Home in Dallas Texas? We Can Help!
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What’s Happening in Dallas is the best local Dallas resource for all things about Dallas developments and Dallas TX real estate. Levi Lascsak founded What’s Happening in Dallas in 2024 so Dallas residents could be in the know about what’s happening in Dallas. Levi and The Living in Dallas Texas Team would love to help you make a smooth move whether you need to buy or sell a home in the Dallas area.
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CHAPTERS
0:00 - North Dallas Prices Falling
0:37 - How Far Prices Fell
1:56 - North Dallas vs DFW
2:36 - Why Prices Are Dropping
3:50 - Mortgage Rates
5:29 - Builder Deals
7:43 - What Sellers Should Know
10:17 - How Long Will It Last?
11:57 - What Happens Next

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*All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording*
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Levi Lascsak | Dallas Texas Real Estate Agent | License#518547
Brokered by EXP Realty
TREC Consumer Protection Notice: https://bit.ly/3hhynAa
TREC Information About Brokerages Service: https://bit.ly/IABSEXP

Dallas is changing FAST — and if you own a home here, you need to know what's coming next.

From massive new developments and infrastructure projects to brand-new communities and can't-miss local events, this channel is your go-to real estate source for everything happening in Dallas Texas. Whether you're a homeowner in the metro, thinking about selling, or just want to stay ahead of the curve, we break down the news that actually affects your property value.

WHAT YOU'LL GET ON THIS CHANNEL:
🏗️ New developments & construction projects across the Dallas metro
🚧 Infrastructure updates — roads, transit, and what they mean for your neighborhood
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19 Comments

@WhatsHappeningInDallas Creator 14 hours ago Pinned

🏠Want to Know The Value Of Your Home?
📬Click Here For An Instant Home Evaluation!
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@fluffymeisterfresh 2 weeks ago

Turns out nobody wants to pay $800k to live 75 minutes from civilization

@buchrisss 11 days ago

How is no one talking about H1B visa (& other visa) crackdowns & adding $100k fees, immediately after the market starting decreasing. No one wants to say uncontrolled immigration affected housing but how can you ignore the facts????

@TheRokaphella 2 weeks ago

Perfect time to buy. Buy high and sell low is the game plan😅

@charley8034 2 weeks ago

6% is nothing. We need 50% atleast ?

@kerrymickens3365 2 weeks ago

Interesting that most content is around new construction spec homes. Do you have things around custom homes? Where you buy land and work with architects to build the home?

@mrzack888 1 day ago

You can buy 450k 1980s built homes now in Dallas area

@bchernyha 2 weeks ago

Property taxes, HOA, MUD, PID costs add substantial amounts to mortgage payments which is pricing out a lot of buyers in new build areas. Plus, the skyrocketing price of diesel is about to increase new build prices as well. Add in the sheer distance some of these new areas are from the heart of the metroplex and the builders aren't in the greatest of spots.

Just left Aster Park and the Highland salesman said "you can automatically knock $50k off all list prices and we will permently buy you down 2% if you finance through Highland. They see the writing on the wall and are trying to move as much as possible before the market gets worse.

@brad_neal 2 weeks ago (edited)

Celina needs to slow down. Roads are deteriorating faster than they can repair them, we are already in stage 2 water conservation, with stage 3 in the cross hairs. Legacy and Ramble developments alone are supposed to bring 11,000 new homes to Celina. It's unsustainable, and it's killing resale of homes that are only a few years old.

@markbatcho60 5 days ago (edited)

Think drop is closer to 20%….townhouse couple years old resale…in Frisco listed for $785k in March …..now $635k still not selling……not 6% drop….homes bought in 2023 or 2024 are losing money….sellers slowly facing reality

@shanebalboa391 2 weeks ago

Why mainly this area?? H1 uncertainty and hatred

@AnonymousMystic182 2 weeks ago

I’m just going to say what everybody else is thinking watching this. He didn’t mention the mandatory section 8 complexes in certain neighborhoods. He didn’t mention that they were busing minorities into our schools from other neighborhoods that don’t live here. He also didn’t mention the crime that is coming in from other neighborhoods that don’t live here. For those of us that sold our houses that lived there looking for peace at least three years ago, we all left Because of the BS that the communist local governments are pushing on people. Sell your house, get out and run from it.