Prospective homebuyers feeling discouraged, priced out in hot DFW housing market

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Even though experts say inflation is cooling, it sure doesn’t feel like anything is getting cheaper – especially when it comes to housing.

The shortage of available housing is also adding to the competition.

For now, she stresses that education is the key. She said a lot of their programs require only a $1,500 down payment and many other lender programs offer additional down payment assistance. Van Ness adds it’s important for city councils to prioritize funding for more housing programs and resources in their budgets.

And in Dallas, there's a push to include $200 million for affordable housing in its $1 billion 2024 bond package.

 

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