2021 President’s Report from Ron Leach
So many things have happened during my presidency this year. Please bear with me, as I highlight items that I feel you would most like to hear about. One of the largest accomplishments this year was ensuring that REALTORS® were still able to conduct business during the COVID-19 lockdown. Adam Majorie, CCAR’s Chief Advocacy Officer,…
Leading Experts Predict Interest Rate Hikes & Slowing Home Price Growth Nationally, Name DFW Hidden Gem
Expect slower housing price appreciation, easing inflation and rising interest rates in 2022, according to a survey of more than 20 top U.S. economic and housing experts. Lawrence Yun, NAR chief economist and senior vice president of research, unveiled the consensus forecast today during NAR’s third annual year-end Real Estate Forecast Summit. For 2022, the…
Texas Million-Dollar Home Sales Increase Nearly 90 Percent from 2020 to 2021
The number of Texas homes that sold for $1 million or higher from November 2020 to October 2021 increased 89.6% compared to the previous reporting period to 11,980 sales, according to the 2021 Texas Luxury Home Sales Report released today by Texas REALTORS®. The annual report examining housing statistics for homes that sold for $1…
Rural Land Expert: ‘Insatiable Appetite’ for Land, Record Prices, and Activity that ‘Defies Fundamentals’
Competition for a limited supply of land for sale pits investors, developers, and end-users against each other. In no place in Texas is this truer than in the Austin-Waco-Hill Country region (see map). Research Economist Dr. Charles Gilliland with the Texas Real Estate Research Center (TRERC) at Texas A&M University monitors the rural land market…
Collin County Association of REALTORS® Installs 2022 Leadership
The Collin County Association of REALTORS® (CCAR) held its 2022 Installation of Officers and Directors on November 19 at the Westin Dallas Stonebriar Golf Resort and Spa in Frisco. The event’s theme, “Back to the Future of Real Estate,” provided the backdrop for the installation of Marissa Benat as CCAR’s 2022 President. As a REALTOR®…
NAR Profile of Home Buyer and Sellers Draws National Media
The annual report covers demographics, preferences, and experiences of buyers and sellers across the United States. 2021 marks the 40th anniversary of the profile. This year’s profile, based on a survey of those who bought a home between July 2020 and June 2021, reflects the effects of the COVID-19 pandemic on transactions. “Buyers and sellers…
Is the Texas Housing Frenzy Over?
Housing market indicators are signaling the Texas housing frenzy is over, says a research economist for the Texas Real Estate Research Center at Texas A&M University. “Both housing sales growth and housing price growth have peaked and are slowing,” said Dr. Luis Torres. “In addition, months of inventory, listings, and days on market have reached…
Texas Home Sales Decrease, Median Price Rises in Third Quarter of 2021
Texas REALTORS® releases 2021-Q3 edition of the Texas Quarterly Housing Report The Texas housing market slowed slightly following a strong summer sales season, according to the 2021-Q3 Texas Quarterly Housing Report released today by Texas REALTORS®. The number of homes sold across the state declined 3.5% in the third quarter of 2021 compared to the previous year. This…
Pending Home Sales Dip 2.3% Nationally in September
Pending home sales dipped in September, retreating slightly following a previous month of growth, according to the National Association of Realtors®. Each of the four major U.S. regions saw contract activity decline month-over-month and year-over-year, with the Northeast weathering the largest yearly drop. The Pending Home Sales Index (PHSI),* www.nar.realtor/pending-home-sales, a forward-looking indicator of home…
Corelogic Product Re-Brand Guide
Corelogic is rebranding all products to better indicate their function. You will begin to see references to the “new” product names, so here is your guide: Corelogic Listing Management Platform (CLLMP) – Matrix Corelogic Property Insights Platform – Realist Corelogic Data Management Platform – Trestle