Current Market Data
Agents from Allie Beth Allman & Associates are responsible for three of the top 10 most expensive new listings in Dallas this past month.
Declining interest rates spurred the increase.
In Dallas, 1,657 new-homes were sold in December, up from 1,618 in November. Pending sales were statistically flat.
Notably, renovators are less likely than they were a year ago to undergo kitchen modifications for the purpose of improving the home’s resale value.
Fort Worth ranks among the cities where homeownership is most attainable for Gen Z, according to a new report from Point2Homes.
At the same time, the median sales price rose 4.4% to $382,600.
Small towns are the best place to find yards with ample space to roam — and many of those small towns are located in the outskirts of the Dallas-Fort Worth area.
The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row.
The median home price went up 1.3% year over year, reaching $389,945 in December.
Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.
With mortgage rates dropping to their lowest levels in almost a year, house hunters are returning to a market that many had shied away from in 2023.
CoreLogic expects prices to continue to grow through the year.
Forney (75126) was the highest-ranking Dallas-area city on the list — despite dropping one spot from last year’s list, the city ranked as the No. 6 hottest area in the U.S.
The most expensive new listing in the Lone Star State carries a price tag of nearly $50 million.
How will our homes evolve in the new year?
According to the latest report from the MetroTex Association of REALTORS, active listings increased by 10.2% last month.