This is really a strange market. It’s a tough market for buyers right now. I’ll be the first to tell you, if you’re trying to buy a home, it’s tough. And I understand that. There are so few homes on the market right now that when a good home comes on it’s like ants on…
Category: real estate news
North Texas home inventories at record low
Home sales and prices were up 10% in January. North Texas’ housing market started the new year with another surge in January sales despite a dramatic drop in supply. At the end of January, only about 7,800 single-family homes were listed with area real estate agents. That’s a more than 60% drop in inventory from…
Headed to Texas: Thousands of migrants coming from California and other states
Studies show where new residents are coming from, and more companies thinking about a move. With more than a half-million people a year moving to Texas, the Lone Star State ranks as one of the country’s top destinations for relocations. The largest numbers of people moving to Texas hail from California, Florida, Louisiana, Illinois, Oklahoma,…
Here’s how much Dallas-Fort Worth home sellers gained in last year’s record returns
Average home sales gains totaled more than $84,500. Dallas-Fort Worth home sellers had a record return in 2020. Sellers gained an average $84,553 in home trades last year, according to a new study by Attom Data Solutions. That’s up by more than 8% from 2019 and almost double the D-FW returns of five years ago….
Dallas-Fort Worth added $38 billion in home values in 2020
Texas has the country’s fourth most valuable residential market. Near-record home price gains in 2020 made Dallas-Fort Worth one of the most valuable home markets in the country. The North Texas housing market gained $38 billion in value last year as rising residential values and new construction added to the market, according to a report…
30 offers on a house? DFW’s home market is out of whack, experts say
It’s a tough time to be a prospective homebuyer in Dallas-Fort Worth, as well as most of Texas and much of the U.S. Soaring demand for new and existing homes and historically low interest rates have houses flying off the market. A COVID-related hesitancy to put existing homes on the market isn’t helping matters, either,…
Ebby Halliday Companies Achieves $7.9 Billion in 2020 Sales, Up $1B From 2019
A year ago today, we had not a clue what was just ahead on the horizon. The Ebby Halliday Companies were gearing up for a year of celebration, commemorating 75 years in business. And everyone was already sprinting into the spring market, which got off to an early start. We all know what happened next….
Owning A Home More Affordable Than Renting In Nearly Two Thirds Of U.S. Housing Markets
Home Prices Growing Faster Than Rents in More Than 80 Percent of U.S.; But Prices Still More Affordable in 63 Percent of Markets; Renting Remains More Affordable in Most Populous Urban Markets ATTOM Data Solutions, curator of the nation’s premier property database, today released its 2021 Rental Affordability Report, which shows that owning a median-priced three-bedroom…
2021 Housing Forecast
Some Highlights Experts project an optimistic year for the 2021 housing market. With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices. Let’s connect today to determine how to make your best move in the new year.