Trends

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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. 

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.

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.

The 10 most expensive new listings in Texas

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

The vast majority of Texas buyers use agents for their real estate transactions

Over 70% of Texas homebuyers who used a real estate agent last year said they’d do so again in the future.

The 10 most expensive new listings in Texas

A lakefront Austin property with a luxurious lap pool tops the most expensive new listings in Texas.

Renovation spending has jumped 60% since 2020

In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.

This is the ‘dream living room’ — to Texans

Furniture retailer Joybird surveyed over 2,500 Americans and asked them to describe their dream living room.

The best week to sell this year: April 14 – 20

Prospective sellers should prepare to jump on the market — the week of April 14 through 20 will be the best time to sell this year.

It’s affordable to remodel in these Texas cities

The southern Texas city of McAllen ranked as the least expensive place to remodel in the country, with a price tag of $54,855.

NAR: Existing-home sales post biggest gain in a year 

Sales rose 9.5% from January to a seasonally adjusted annual rate of 4.38 million.

Don’t paint your house these colors if you’re trying to sell

There’s a reason many homeowners opt for neutral shades when trying to sell their house — certain flashy colors may be off-putting to buyers.

Opendoor: A portrait of first-time homebuyers in 2023

Many buyers entered the housing market for the first time in 2023. But who were these first-timers, and what did their homebuying experience look like?

Texas REALTORS®: 2023 Year in Review

Texas home sales dipped in 2023, according to the 2023 Texas Real Estate Year in Review report from Texas REALTORS®.

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