Market Trends
Dallas-Fort Worth-Arlington Named Among Top Ten Markets During and Post-COVID
A group of more than 20 leading economic and housing experts, including National Association of REALTORS® Chief Economist Lawrence Yun, participated in a consensus economic and real estate forecast that projects GDP growth of 3.5% and an annual unemployment rate of 6.2% in 2021. Housing prices are expected to climb 8% next year and 5.5%…
Read MoreDespite Pandemic, Texas Home Ownership Hits All-Time High
Despite Pandemic, Texas Home Ownership Hits All-Time High Texas’ homeownership rate is at an all-time high of 70 percent, according to the latest Texas Housing Insight report from the Real Estate Center at Texas A&M University. The state rate exceeds the nation’s 67.4 percent for the first time since 2012. “Strong sales activity during the…
Read MoreThe New Evolution of the Home
The New Evolution of the Home Originally Published in the November 2020 Edition of North DFW Real Producers Magazine Take a peek beneath the Christmas tree and you will have all the information you need to identify the new evolution of the home, SmartHomes. For multiple years now, SmartHome gadgets have lead the way as…
Read MoreCollin County Housing Inventory Hits New Lows
Collin County Housing Inventory Hits New Lows The Collin County Association of Realtors (CCAR) reports that Collin County’s October housing inventory hit lows not seen since the housing boom of 2015, while home sales continued to climb. In October, Collin County had 56.4% more homes under contract compared to the same time last year, and…
Read MoreAffordability Conundrum Continues for Collin County
Affordability Conundrum Continues for Collin County The Collin County Association of Realtors (CCAR) reports that home sales continued to outpace new listings in September, reducing housing affordability across the county. Collin County had 53.5% more homes under contract in September 2020 compared to the same time last year, and 5.1% fewer new listings (1,647 vs.…
Read MoreYour August 2020 Real Estate Rundown
Your August 2020 Real Estate Rundown The Collin County housing stats for August 2020 are in, click below to see the most current data. Categories CCAR Events CCAR News Government Affairs Lone Star Homes Market Trends North DFW Real Producers Magazine Professional Development Spotlight Uncategorized Archives Archives Select Month December 2024 November 2024 October 2024…
Read MoreTexas Condominium and Townhome Sales Decline, Median Price Increases from 2019 to 2020
Texas Condominium and Townhome Sales Decline, Median Price Increases from 2019 to 2020 Texas condominium and townhome sales from July 2019 to June 2020 declined compared to the same period the previous year, according to the Texas Condominium Sales Report released today by Texas REALTORS®. The number of condominiums sold decreased 9.8% to 11,875 sales, while townhome…
Read MoreYour July 2020 Real Estate Rundown
The Collin County housing stats for July 2020 are in, click below to see the most current data.
Read MoreThe Law of Supply and Demand Prevails in July 2020
The Collin County Association of Realtors (CCAR) reports that home prices began to react to increased demand as record low interest rates motivated Collin County buyers. In July, Collin County had virtually the same number of new listings as July 2019 (2,211 vs. 2,216) and 40.2% more homes under contract. A combination that continued to…
Read MoreTexas Homeownership Rate Sets Record
More Texas households own a home than ever. According to the latest Texas Housing Insight report from the Real Estate Center at Texas A&M University, the state’s homeownership rate hit a record 67.5 percent in June. “Despite falling sales in April and May, Texas’ second quarter homeownership rate was the highest since record-keeping began in…
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