North Texas home sales set record in 2019

December sales surge pushed the market to a new high. North Texas’ housing market ended 2019 on a high note, and the jump in sales during the final month was enough to push the year’s home purchases to an all-time high. Last month’s preowned home sales were up 15% compared with December 2018. Area real…

Texas records 115th straight month of jobs gains in November

The state’s jobless rate also held steady at an historic low. Texas employers created 37,500 new jobs in November, marking the 115th straight month of gains, and unemployment held steady at a historic low rate, according to data released Friday by the Texas Workforce Commission. The jobless rate remained at 3.4% for the sixth straight…

D-FW leads Texas in $1 million-plus home sales

Almost 1,800 luxury properties changed hands in North Texas. From mega-mansions to penthouse condos, Dallas-Fort Worth is the leader in luxury home sales in Texas. That’s what the latest survey from the Texas Realtors association finds in a comparison of high-end housing across the state. Through the end of October, 5,149 Texas homes priced at…

High-rise project at DART’s Mockingbird station still on track

Trammell Crow would build towers on parking lots. Dallas developer Trammell Crow Co. and Dallas Area Rapid Transit are inching closer to a deal to build a huge mixed-use project at the transit line’s SMU/Mockingbird Station. The development deal with Crow Co. has been in the works for more than a year and still has…

D-FW ranked as one of the country’s best housing markets

Realtors picked 10 cities expected to outperform. Dallas-Fort Worth has made it onto the list of U.S. markets real estate agents expect to be the best in the country in the next few years. The National Association of Realtors in its just-released forecast picked 10 home markets across the nation that it expects to outperform…

Dallas real estate market tries to gauge storm impacts

October storms damaged or destroyed thousands of area housing units. More than three weeks after tornadoes tore through Dallas neighborhoods, it’s still too early to gauge the impact on the local property market. The Oct. 20 storms destroyed or damaged thousands of homes in a swath from northwest Dallas to Richardson and Garland. The real…

Alaskans are headed to Texas in latest look at moves

Florida and Texas are the top two destinations for relocations. All those moving trucks headed to Texas show no sign of a slowdown. And don’t be surprised to see some Alaska license plates on the road. Texas was second most favorable destination for out-of-state moves in a new survey by LendingTree. The mortgage firm looked…

North Texas home sales jumped in October

Buyers took advantage of lower mortgage costs. Some of the lowest mortgage rates in years fueled an 11% jump in North Texas home sales in October. Real estate agents sold almost 9,100 single-family homes in the area last month — the most purchases on record for the month of October. It was the biggest year-over-year…