The home sales markets have been up and down lately as some call it retrenchment and others call it balancing.
"What we call it is the market is 'neutralizing,' it's not really a sellers' market and it's not a buyers' market that we saw years ago after Covid."
That's the word from Texas real estate expert Gretchen Williams, who explains that it means "if your house is in a great location, in great condition, it will sell, and if it's not in top shape then you're probably going to end up negotiating and ending up with a little less than the list price."
She's a realtor who keeps close track of Texas markets, noting that "there's about three months' inventory on the markets in the DFW area, with Houston running a close number as well."
"But March is just the beginning of the season in real estate, so the fact that some articles are showing up on the web saying sales are slow even as the Iran conflict continues are to be expected," but Ms. Williams says she sees it as the season just getting off to a start.
"It's the beginning of Spring Break, of course, and school acceptance letters from private schools will be going out, that's when you really see home sales pick up, like in April and May and June."
"Those are the big months when people are moving and making decisions and negotiating and, really, a home takes roughly 30 days to close on a sales," she says.