January 2023 DFW Area Real Estate Stats
https://youtu.be/KTSrI2Ir5TA January 2023 stats are in! In January 2023, new listings are up in all North Texas counties that we report on over December 2022 so the much-needed inventory is coming to market. Active listings are up across the board compared to this time last year ranging from 71% increase in Dallas County to 195% […]
Texas Housing Insight December 2022 Summary
Housing was one of the primary contributors to inflation in 2022. The pandemic-induced housing frenzy officially ended when the Federal Reserve began raising interest rates in June in an attempt to curb inflation. Since then, mortgage rates and the possibility of a recession sidelined many potential buyers. Demand in Texas plummeted as annual housing sales […]
2022 DFW Real Estate Year-End Stats at a Glance
https://youtu.be/2AHlyccAhBQ Our second annual stats report of the DFW real estate market is here! We’ve taken our monthly stats-at-a-glance reports from January through December of 2022, totaled, averaged, and compared the data to the numbers from 2021. The result is an annual report of the DFW real estate market in 2022. For more stats information, […]
December 2022 DFW Area Real Estate Stats
https://youtu.be/R2ic4t1O3fU December 2022 Stats are IN! Collin county shows an increase in all categories except number of sales compared to December of ’22. Dallas County’s new listings for December were down 22% compared to last year, but active listings were up considerably from where they were a year ago. The average sales price was even […]
Texas Housing Insight November 2022 Summary
The housing market continued to slow down as people consider mortgage rates and recession fears when making financial decisions. On the supply side, housing permits and housing starts are both in decline. Prices are correcting, and the market is accumulating inventory. However, as suggested by the sales volume, buyers are calmer now than during the pandemic […]
November 2022 DFW Area Real Estate Stats
https://youtu.be/7IUXP6uWljE November 2022 Stats are IN! Active listings are up across the board with an increase of over 100% in Collin, Dallas, Denton, Rockwall and Tarrant counties compared to last year. It will come as no surprise that the average days on market has also increased in these counties over last year’s market. The number of sales […]
Texas Housing Insight October 2022 Summary
Since the Federal Reserve announced the first 75-basis-point increase in June of this year, the housing market has retreated with both demand and supply slowing down. Home sales were down 7.4 percent over the previous month, and housing starts for apartments doubled in a year as investors adapted their strategies from selling single-family homes to […]
October 2022 DFW Area Real Estate Stats
https://youtu.be/M_KAw0aDKyE October 2022 Stats are IN! In Collin and Denton counties, all arrows are pointing up in the areas of new listings and active listings with active listing seeing an increase of over 100% in both counties compared to last year. It will come as no surprise that the average days on market has also increased […]
September 2022 DFW Area Real Estate Stats
September 2022 Stats are IN! In Collin County, all arrows point up with regard to new and active listings, average sales price, average price per square foot and days on market. The number of sales is down about 26% from 2021. In Dallas County, new listings are down 5.5% from this time last year, along […]
Texas Housing Insight August 2022 Summary
The pandemic-induced housing frenzy is easing as the Fed’s aggressive monetary policies directly affect the housing market. Mortgage interest rates rose from 2.84 to 5.22 percent in the past year. Amid these robust rate increases, Texas’ housing market quickly dialed back sales while supplies have gradually accumulated. Despite the slowdown, inventory levels remain below historical […]
