D-FW ranks as one of the top U.S. property markets for 2021

But Austin is rated higher for the second year in a row in the annual Emerging Trends report. For the second year in a row, Austin outshines Dallas-Fort Worth in a long-running real estate beauty contest. But the real star of the annual “Emerging Trends in Real Estate” report is Raleigh-Durham, N.C., which was voted…

27% surge in September home sales sets record for North Texas

The sales total for the month was the biggest ever and the largest annual percentage gain in more than a decade. North Texas home sales surged in September — up 27% from a year ago. It was the largest annual September sales gain in more than a decade. Real estate agents sold 11,408 single-family homes,…

Housing Market on Track to Beat Last Year’s Success

Back in March, as the nation’s economy was shut down because of the coronavirus, many were predicting the real estate market would face a major collapse. Some forecasts called for a 15-20% decline in transactions. However, six months later, it seems as though the housing market has fully recovered. Mark Fleming, Chief Economist at First American, announced last week: “Since…

‘Extremely low’ inventory stifling Dallas-Fort Worth housing market

“I read a lot of real estate related articles to stay up on latest trends, statistics governmental issues etc.  Many of them give broad reaching stats, as is true with the Biz Journal article stating “housing inventory is down 55% throughout North Texas.” While this may be true, I tend to look more locally for…

Texas buyers spend two months looking for a home

“It is no surprise that the Dallas Morning News reports that buyers are taking an average of 2 months to buy a house. There is so little inventory to even show buyers right now in certain price ranges. MLS stats for July reported active listings down 40% over this time last year and there is…

Home prices are headed higher across Texas and the U.S.

Dallas-area prices are up about 3.6% in the latest measure. The shortage of homes for sale continues to drive home prices in North Texas and across the U.S. Nationwide home prices rose almost 5% year-over-year in June — the largest such increase in seven years — according to a report from CoreLogic. Fort Worth-area prices…

The State Fair of Texas is officially canceled

“The news about canceling the State Fair of Texas is sad for many reasons. Personally, I have been going to the Fair every year since I was old enough to walk. My Dad would take my sister and I and we would come home with baby chicks (who often turned into roosters disturbing all the…