Current Market Data

The top home trends for summer 2024

With warm weather heating up much of the United States, many homeowners are craving new summer styles for their living spaces.

Texans are spending big money on home renovations

Dallas and Houston rank in the top 10 cities for home renovation spending, according to a report from Pro Tool Reviews.

The 10 most expensive new listings in Texas

Two of the 10 most expensive new listings in Texas are listed by Chad Barrett, an agent with Allie Beth Allman & Associates.

Dallas among best markets for 2024 college grads

Dallas’s ranking is due mostly to its affordable rental market: residents only need to spend 31.6% of their income on monthly rent expenses.

Plano ranked 2024’s fourth best city to raise a family

Plano ranked No. 4 in the country, behind Fremont, California; Overland Park, Kansas; and Irvine, California.

Case-Shiller: Home-price index hits all-time high in March; Dallas sees 3.6% gain 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

New-home sales decline in April 

At the same time, the median price of a new home sold in April declined as well. 

Dallas ranks No. 2 in U.S. for home sales

Dallas recorded the second-highest quantity of home sales in the U.S. in April, according to the latest RE/MAX National Housing Report.

Mortgage rates dip below 7%, bring relief to homebuyers

Buyers are finally getting some relief as mortgage rates dip below 7% for the first time in five weeks, according to a Redfin report. 

Housing starts rebound in April after March slump 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Hotels overtake offices in residential conversions

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

Closed sales rise 8.1% in Dallas

Meanwhile, the median price rose 1.5% year over year to $405,000.

Texas is the No. 1 state for move-ins in 2024

So far this year, Texas’s in-to-out move ratio is up 17% year over year, meaning far more new residents are moving in than moving out of the Lone Star State.

Home sales remain steady in Texas

“Realtors are working with buyers and hearing from lots of others who are considering buying,” said Jef Conn, chairman of Texas REALTORS.

The 10 most expensive new listings in Texas

A majority of the most expensive new listings in Texas are located in the Dallas area.

New-home sales up slightly in Dallas

“The Texas spring homebuying season is underperforming as the new home sales recovery has been unimpressive,” said HomesUSA CEO Ben Caballero.

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