Texas is known as a hotspot for big business and industry. But how does the Lone Star State treat small business owners?

These are the most expensive new listings in Texas, all added to the MLS in the past month.

RentCafe analyzed apartment sizes in ZIP codes across the country to determine which areas give the typical renter the most bang for their buck.

Even so, HomesUSA CEO Ben Caballero says the Dallas new-home market “looks strong” entering 2024.

The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.

Detached single-family homes remained the most popular type of housing, making up 79% of all home purchases during the past year.

Only 32% of Dallas-area households could afford a median-priced home during the third quarter of the year.

Dallas inventory continued to expand last month as high mortgage rates and prices sidelined buyers.

A record number of homesellers are dropping their prices as buyers continue to feel the impact high mortgage rates are having on their wallets.

The agent with the most $1 million-plus listings was Nancy Johnson of COMPASS RE Texas, who accomplished a sales volume of over $26 million across 21 transactions.

Agents from Moreland Properties are responsible for the most expensive and second-most expensive new listings in the state of Texas.

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

Dallas still has a ways to go in recovering from the Covid-19 pandemic, according to a report from the University of Toronto.

Texas new-home sales declined in September — but according to HomesUSA CEO Ben Caballero, that’s just a product of market seasonality.

Across the Lone Star State, closings were down 9.8% year over year, while the median price dropped 1.5% to $340,000.

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.