Read today’s top story: Boomers still buying the most US homes as first-time buyers fall to all-time low

Current Market Data

Southern and Western markets lead as new-home affordability grows

Despite a slowdown in single-family construction activity, newly built homes are becoming increasingly accessible to American buyers, in terms of both availability and affordability. According to data from the New-Construction Insights report released by Realtor.com, in the second quarter
The 10 most expensive new listings in Texas

Dallas agent Michelle Wood of Compass RE Texas is responsible for listing two of the 10 most expensive new listings in the Lone Star State.
Pending-home sales soften in July on economic anxiety

Signed contracts declined despite lower interest rates and improved affordability and inventory, the National Association of REALTORS® said.   
Case-Shiller: Dallas home-price dips in June, as national market undergoes ‘decisive shift’

The pace of home-price appreciation declined to its slowest pace in two years, according to the S&P Cotality Case-Shiller U.S. National Home Price Index. 
Dallas is building more new apartments than almost any other city

The metro will add 28,958 units by the end of the year. The only city adding more units is New York.
July new-home sales top expectations

The upside surprise came despite monthly and yearly declines in the pace of sales. 
Renters can get above-average square footage for $1,500 in the Metroplex

The typical $1,500 apartment in Garland is about 921 square feet — over 200 square feet bigger than the national average, according to RentCafe.
NAR: High inventory puts homebuyers in their ‘best position’ since pandemic lockdown

The association said the housing market is making a definitive swing back in the direction of the buyer thanks to wage growth, slowing home-price gains and rising inventory. 
McKinney is the top real estate market in the country

Several other Dallas-area cities ranked high on WalletHub’s list, including Richardson, Frisco, Denton, Allen and Fort Worth.
International homebuyers spent $4.8 billion on Texas homes

International transactions increased 9% year over year, with 7,500 purchases made by foreign homebuyers.
Housing starts rise again in July thanks to multifamily sector

The single-family sector managed to eke out a slight monthly gain, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 
Builder confidence remains low in August with dip in sentiment survey

The NAHB/Wells Fargo Housing Market Index slid a point to 32, reflecting ongoing negative sentiment in the homebuilding industry. 
The 10 most expensive homes sold in Fort Worth in July

All properties were sold in Fort Worth last month. Note that listing prices may differ from actual sales prices.
GFWAR: Housing market ‘still strong’ in Fort Worth

Inventory continued to balance around greater Fort Worth, with 4.1 months of inventory, up from 3.6 months in July 2024; meanwhile, Parker County hit 6.3 months.
The average Realtor has 12 years of experience — and plans to stay in the industry for at least a few more

NAR’s report — which surveyed nearly 5,000 Realtor members — also found that the typical agent took on 10 transactions in 2024, the same as a year prior.
US home price growth slows in June, signaling shift toward buyer’s market

As the spring homebuying season ended, U.S. home price growth softened significantly, opening the door to improved affordability.

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