Texas Housing Insight March 2022 Summary
Total Texas housing sales continued to grow, increasing by 3.4 percent in the first quarter. Sales were concentrated on homes priced over $300,000. The constrained inventory in the lower-priced cohort pushed the median housing prices to a record-breaking level. Despite rising mortgage rates, housing market demand remains robust, driven largely by demographics. As building material […]
Texas Housing Insight February 2022 Summary
Texas’ housing market fell slightly in February as supply constraints continued pushing downward on the market, and mortgage rates increased. February sales and active listings were both down, resulting in an inventory level of about one month. Housing starts rose despite the continued surge in building material prices and dip in permits. The greatest challenge […]
April 2022 DFW Area Real Estate Stats
April stats are here and we have the numbers! The housing market in North Texas continues to be hot! New listings are up consistently in all five counties over March 2022 as the Spring market continues to heat up. Despite higher mortgage rates, demand remains strong in North Texas. Average sales prices are up ranging […]
Lingo You Should Know
When you are preparing to buy a home, there are many words that may be unfamiliar to you. This list ofcommonly used real estate terms is intended to help you in the home buying or selling process. AppraisalThe estimated value of a property based on a qualified appraiser’s written analysis. Banks typically require appraisals before […]
Texas Housing Insight January 2022 Summary
Texas housing sales continued to rise in January, compounding gains despite ongoing supply constraints. The months of inventory (MOI) slid to 1.4 months, putting downward pressure on the market. Single-family permits, however, increased, and housing starts continued to rise despite steep price hikes in lumber and other building inputs. Finding homes priced below $300,000 remained […]
May Landscape & Gardening Tips & To-Dos
Need help planting a successful garden or landscape? Here are some May planting tips from the Dallas Arboretum horticulture staff and the Dallas County Master Gardeners that can help keep your home garden looking beautiful this Summer. Heat tolerant plant care should be your focus in May. Plant your heat tolerant summer annuals and tropicals, if […]
March 2022 DFW Area Real Estate Stats
https://youtu.be/hk9YJpXtec4 March stats are here and we have the numbers! The Spring selling season is underway, and the market reflects that with new listings up in all five counties, though they are just slightly down from March 2021. The average days on market continues to drop each month and averages 21 days in Collin, Dallas, […]
Texas Housing Insight 2021 Annual Summary
The Texas housing market was strong for most of 2021 as mortgage interest rates remained low throughout the year. Sales accelerated, and the average home price increased. Demand remained robust as households desired additional space and better neighborhoods. On the other hand, while new listings increased in 2021, the pace wasn’t enough to keep up with demand, […]
Paragraph 12: The Most Overlooked Paragraph in the TREC 1-4 Contract
https://youtu.be/rAbyDZmePn0 At closing, a seller or a buyer might be caught off guard by all the fees that are not part of the sales price but they are part of the contract. It is important to set your clients expectations from the beginning of the transaction and highlight the additional fees they will likely incur […]
April Landscape & Gardening Tips & To-Dos
Need help planting a successful garden or landscape? Here are some April planting tips from the Dallas Arboretum horticulture staff and the Dallas County Master Gardeners that can help keep your home garden looking beautiful this Spring. Plant care should be your focus in April. Begin planting summer annuals, such as lantana and pentas (sun) and […]
