
April 2023 Housing Report
Inventory held steady in April of 2023 in Fort Worth, at a time of year when more people are typically looking to buy or sell a home. Tarrant County was at 1.8 months and Fort Worth was at 2 months of inventory – both flat from March.
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Members Recognized at GFWAR Annual Awards Luncheon
GFWAR honored the following members for their unwavering dedication to advancing Fort Worth's real estate industry at their recent Awards Luncheon.
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March 2023 Housing Report
The median home price in Fort Worth in March was $329,950 – a slight increase from February, but a 1.5 percent decrease year over year. The number of homes sold grew to 1,021, a .4 percent increase from March 2022 and the first increase after 12 months of decreases in year-over-year closed sales.
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5 Things Your Realtor® Wants You to Know
There’s no way around it — the process of buying and/or selling a home requires you to get personal with your Realtor®. With time, conversation, and plenty of leaning on your Realtor® for their professional expertise, you’re bound to build a relationship that’s beneficial for both parties. To jumpstart that process, here are five things every Realtor® would want you to know.
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9 Terms You’re Bound to Hear Your Realtor® Use
Like any other industry, real estate has a language all its own. As you embark on the buying/selling process, you’re bound to hear a million new terms and phrases. Certainly, one of the best parts of having a Realtor® is having a translator at the ready to help explain any term or step in the process that you don’t understand. To kick the language lessons off, here’s a mini-primer of 9 terms you’re likely to hear as you go about buying and selling a home with your Realtor®.
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February 2023 Housing Report
In February 2023, the median Fort Worth home price was $325,000, which was up slightly from January but down 2.1 percent year over year. Inventory continued its downward trend to 1.9 months in Fort Worth and 1.7 months in Tarrant County.
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10 Things to Consider When Viewing a Property
Buying a home is a big decision—no matter if it’s your first, fifth or tenth time. As you’re probably aware, there’s a lot to consider (which is probably why you’ve hired a Realtor®—well done, you). As you visit potential properties, here are ten questions we recommend asking while onsite.
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January 2023 Housing Report
The median home price in Fort Worth in January 2023 was $320,000, which is flat from one year ago. After a year of dramatic price increases in 2022, the decrease in prices is a welcome sight for prospective homebuyers, who have been faced with low inventory, higher mortgage rates, and the pressures of inflation.
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New Board President and Directors Installed at GFWAR
GFWAR installed their 2023 Board of Directors and elected Bart Calahan of Roots Real Estate Co. to lead as 2023 GFWAR President. The Association celebrated at its annual installation event on Friday, January 13.
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December 2022 Housing Report
Decreasing home prices hit the breaks in December, in what is typically a quiet month for the real estate industry. The median price in Fort Worth ended the year with a slight increase to $340,000–a $15,000 increase in the median price since January 2022, and a 4.9 percent increase year-over-year.
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November 2022 Housing Report
November closed sales were down more than 30 percent year over year in Fort Worth and Tarrant County. The median home price in Fort Worth dropped to $333,009, a return to numbers not seen since February, but a 7.4 percent increase from November 2021.
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GFWAR Members Earn C2EX Endorsement
Congratulations to the GFWAR members that have received their C2EX Endorsement.
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