Competition in the housing market is expected to reignite as falling mortgage rates breathe new life into buyers, according to Zillow’s latest report. 

Meanwhile, the median price of a home in the Dallas-Fort Worth area slid 1.7% year over year. 

In Dallas-Fort Worth, five of these properties have traded hands this year, compared to three last year.

The Metroplex ranked No. 2 among major metro areas with an expected 32,932 rentals to be completed in 2024.

Together, the properties are an average of eight years old and encompass 3,572 units. 

The lawsuit criticizes NAR’s new rules in the wake of its legal settlement.

The combination of rising inventory and price reductions in Dallas and nationwide is creating a more buyer-friendly market.

The new executive, Will Grimes, previously worked in sales and marketing at other homebuilding companies, including Mattamy Homes, Lennar Homes and Mercedes Homes. 

Lendistry Home Loans will offer conventional purchase and refinance loans, as well as loans for non-traditional borrowers. 

The community, built in 2023, will be renamed The Jameson.

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

The priciest new listing in the Lone Star State is a $15.95 million estate in University Park, listed by Allie Beth Allman of Allie Beth Allman & Associates.

Recipients were selected from over 100 applications based on excellence in leadership, community involvement and 2023 sales data.

All properties were listed during the month of June.

Buying a home in Dallas? Here’s the down payment you need to afford it.

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