Many area neighborhoods saw fewer home sales in 2021 but no retreat in prices. Great article by Steve Brown of Dallas Morning News, that addresses the question every one is thinking about right now. Good insight to keep in mind if you are in the market to purchase a home. Housing forecasters are counting on …
Will rising mortgage rates and higher home costs cool the Dallas home market? Read More »
A recent report from U-Haul revealed migration to southern states has continued and Texas was the top destination for those moving. “California and Illinois ranked as the states with the greatest one-way net loss of U-Haul trucks, and most of that traffic appears to have gone to Texas and Florida,” Fox Business reported on Friday. “So many …
Report: Californians Leaving for Texas So Rapidly, U-Haul Ran Out of Trucks Read More »
North Texas homebuyers shouldn’t expect much price relief in 2022. While economists are calling for smaller year-over-year home price gains in the year ahead, the increases in Dallas-Fort Worth are expected to continue at higher than normal rates. “It probably is going to slow down because the prices have gotten so high,” said James Gaines, …
Don’t Expect Inflation in Home Prices to End in 2022 Read More »
Dallas-area home prices were up by almost 25% year-over-year in December in the latest nationwide comparison. It was the second month in a row that Dallas home price gains were at the highest rate ever in the S&P CoreLogic Case-Shiller Home Price Index. Dallas-area home prices have more than doubled in the last 10 years …
