Market Trends
Rural Land Expert: ‘Insatiable Appetite’ for Land, Record Prices, and Activity that ‘Defies Fundamentals’
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…
Read MoreNAR Profile of Home Buyer and Sellers Draws National Media
NAR Profile of Home Buyer and Sellers Draws National Media The National Association of REALTORS® released its 2021 Profile of Home Buyers and Sellers, garnering coverage in a wide range of national media outlets, including The Wall Street Journal, Realtor.com®, and MarketWatch. The annual report covers demographics, preferences, and experiences of buyers and sellers across…
Read MoreIs the Texas Housing Frenzy Over?
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,…
Read MoreTexas Home Sales Decrease, Median Price Rises in Third Quarter of 2021
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%…
Read MorePending Home Sales Dip 2.3% Nationally in September
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…
Read MoreCollin County Home Prices Continue to Rise Due to Lack of Inventory and High Demand
Collin County Home Prices Continue to Rise Due to Lack of Inventory and High Demand The Collin County Association of Realtors (CCAR) reports that home sales continued to outpace new listings throughout Collin County as homes continued to sell faster and for more money than the year before. In September, Collin County had 6.6% fewer…
Read MoreHave You Seen Us in the News Lately?
Have You Seen Us in the News Lately? The real estate market is on top of many North DFW residents’ minds, and CCAR is proud to be a leading source of market information. Have you seen us in the news lately? Home sales continue to outpace new listings in Collin County, as median price jumps…
Read MoreTexas Condominium and Townhome Sales Increase, Median Price Rises from 2020 to 2021
Texas Condominium and Townhome Sales Increase, Median Price Rises from 2020 to 2021 Texas condominium and townhome sales rose between July 2020 and June 2021, compared to the same period the previous year, according to the 2021 edition of the Texas Condominium Sales Report released today by Texas Realtors. The number of condominiums sold across the state…
Read MoreCollin County Resumes Familiar Trajectory of Shrinking Inventory
Collin County Resumes Familiar Trajectory of Shrinking Inventory The Collin County Association of Realtors (CCAR) reports that despite seeing signs of possible housing market stabilization in July, August home sales outpaced new listings, continuing the familiar trajectory of shrinking inventory. In August, 7.0% fewer new listings entered the market (1,710 vs. 1,839) and 8.2% more…
Read MoreSigns of a Stabilizing Real Estate Market Emerge in Collin County
Signs of a Stabilizing Real Estate Market Emerge in Collin County The Collin County Association of Realtors (CCAR) reports that July showed signs of a stabilizing housing market as new listings and homes under contract remain stable when compared to the year prior. In July, 1.1% fewer new listings entered the market (2,224 vs. 2,249)…
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