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Updated 17 mins ago
NBC 5 News
A combination of low interest rates and increasing demand has led to some unusually large crowds at showings of North Texas homes.
Over the weekend in Dallas, dozens lined up in hopes of making an offer in a new development, with only 25 ultimately being chosen in a builder’s lottery.
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“The fact that they were pre-approved was pretty intense,” said realtor Connie Segovia, whose video of the line spread on social media. “It was very shocking because we know that inventory is limited, but the fact everyone was waiting to be picked to buy was pretty intense.