A report from the Dallas Morning News in Texas. "North Texas home sales fell by 8 percent in November. It was the biggest year-over-year sales decline in more than seven years. Ted Wilson, principal with Dallas housing analyst Residential Strategies Inc. blames the shift in the Dallas-Fort Worth home market on rising interest rates."

"The increase in finance costs since last year has added almost 15 percent to the month payments on a home. 'We've seen interest rates climb quite a bit in the second half of the year, he said. 'And that's has put a lot of question in people's minds about where the market is.'"

"Wilson doesn't spot the makings of a home price crash in North Texas. 'A lot of people are incorrectly assuming that the prices in this market are going to drop,' he said. 'We don't see any big bubble bursting.'"

"Along with the slowdown in sales, the number of houses listed with real estate agents in the area has risen by almost a quarter this year from November 2017."

"'I am more concerned about the psychological impact of not-so-rosy housing news than I am about the actual underlying fundamentals of the housing market in the Dallas-Fort Worth market,' said Daren Blomquist, top economist with Attom Data Solutions. 'Certainly the data shows that the market has gotten somewhat overheated and is due for a slowdown, but that slowdown should just be a chance for the market to catch its breath rather than a trigger for a panic attack.'"

"'Jobs and people are still moving to the Dallas-Fort Worth area in large numbers, which ultimately should keep demand for housing solid,' Blomquist said. 'But the psychology of the market is more of a wildcard and could result in a bigger slowdown or correction.'"

From KLUV on Texas. "When it comes to the North Texas housing market, my late father who used to dabble in real estate used to say, 'what comes up, must come down.' Three years ago, he predicted such would happen here, and it's begun. "

"The Dallas Morning News reports a new report by Realtor.com reveals Dallas as one of the Top 10 cities hit hardest by the housing slowdown. Taking into consideration most North Texans do not receive a 10% pay raise each year, the 10% house price increases over the past 4 years, have come to an end. "

"Recently I looked at a 3 bed, 2 bath, 1800sq.ft. house in comfortable neighborhood and it's price had been reduced from $275,000 to $250,000, in a period of 60 days. Just one sign of what could be ahead. North Texas house worth reality is beginning to show."