How to avoid overpricing properties in a shifting market

If your market has begun to slow, understanding how to properly price homes in a declining market — and how to talk about it with clients — is critical. No matter how good the market is, there are always overpriced listings. What happens, however, when your market goes flat or worse yet, begins to decline?…

How Best To Invest In Texas Real Estate In 2020

2020 will be a challenging year for investors, with uncertainty about the economy, the political situation, and international developments. Still, more people than ever are renting, and that means investors mainly need to be cautious about where and how they invest. A big advantage for investors in Texas is that people are still moving there….

Dallas-Fort Worth tops the country in office job growth

Houston and Austin are among the booming markets, too. Dallas-Fort Worth was the top U.S. market for growth in office jobs in 2019, and it’ll be another top generator in 2020, according to a forecast from commercial real estate firm CBRE. Office jobs in the Dallas area grew 5.7% in 2019 — more than in…

Home sellers profit in D-FW but wait longer to sell

D-FW sellers have been in their homes almost 8 years on average. Dallas-Fort Worth homeowners are staying put longer but seeing bigger returns when they do move. In 2019, the average U.S. home seller saw a gain of $65,500, which is a 13-year high, according to a new study by Attom Data Solutions. In the…

New Year, New Real Estate Laws

Several new real estate-related laws passed in 2019 by the 86th Texas Legislature took effect on Jan. 1, 2020. These include the following REALTOR®-supported bills that benefit Texas real estate consumers. Expanded Access to Home Equity As of January 1, property owners may now use agricultural land as collateral for a home equity loan (House Bill…

Arlington gives go-ahead to ambitious $810 million hotel, convention center

Developers could break ground as early as 2020 on the new hotel, convention center, office and residential projects. An ambitious hotel and convention center project in Arlington’s evolving entertainment district is getting the go-ahead from city leaders. The City Council voted unanimously Tuesday to move forward with incentive agreements that will put a $550 million…

You should never deduct these 9 expenses from your taxes

The IRS is strict about what you can and can’t deduct to trim your tax bill. It pays to know the limits. The new tax law that went into effect in 2018 nearly doubled the standard deductions. As a result, only 13.7 percent of taxpayers are expected to itemize expenses on their 2019 returns, according…

Your house has made more than $5,000 in the last year

Dallas homeowners since 2018 have gained more home equity than the Texas average. If you’re feeling richer this Christmas, it may be because of your house. The average Dallas-area homeowner added $5,200 in property equity — the difference between their mortgage balance and the home value — during the last year, according to a new…