2018 into 2019: Looking back, looking forward

Dotzour said that while a $200,000 house in Fort Worth would “sell like hotcakes in a minute,” an $800,000 home is just sitting there. He said he is seeing this all over the country. But that doesn’t mean the market is going down. “It’s crazy, people want to buy a home, but the prices are too high,” he said. “People are getting sticker shock. The fact is the home market has appeared to hit its peak for this cycle, at least temporarily. The auto industry peaked a year ago and still at peak. What does peak mean? That means you’re really high and you’re still really high. It doesn’t mean you’re on the verge of laying off thousands of people.” Click to read more at www.fortworthbusiness.com .