DFW Pre-owned Home Sales Plummet 33% in November - NBC 5 Dallas-Fort Worth

DFW Pre-owned Home Sales Plummet 33% in November

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    DFW Pre-owned Home Sales Plummet 33% in November
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    Trying to sell a house? You're 1/3 less likely to have sold it in November.

    Seen as the proof positive that the severe housing downturn throughout the nation is finally hitting Texas, the decline in pre-owns is just part of the problem -- the median price of homes was also down by 7%.

    Real estate agents reportedly sold only 4,146 pre-owned homes in November, the lowest monthly sales total in five years.

    Steve Brown of the Dallas Morning News has more details.