- Associated Press - Sunday, February 28, 2016

DICKINSON, N.D. (AP) - Plenty of homes have been coming onto the market in the North Dakota town of Dickinson.

But KFYR-TV reports (https://bit.ly/1TbSxLX ) that price tags on Dickinson homes don’t seem to be lower to many buyers, even with more options and an economic slowdown.

Home and Land Company broker associate Shirley Dukart says she’s noticed a push in last two weeks. She says associates are signing purchase agreements, and not just listing agreements. Dukart says homes purchased by oil companies for rental have flooded the market. She says many residents who once couldn’t afford homes are now looking.

Dickinson resident Mariah Schulte says six or seven homes are for sale on her street alone.

Those in real estate say business is steady and prices are down about 10 percent.


Information from: KFYR-TV, https://www.kfyrtv.com/

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