Median Home Prices
What is the price of a median home in Dallas? Not the Metroplex, not Fort Worth, but the City of Dallas?* My short-lived political career was officially buried on May 1 when I lost in the four-way race for the District 11 Dallas City Council seat. But my love of politics (basically real estate’s sibling)…
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From staff reports While Dallas County’s median home value was lower than the national average, two other North Texas counties had median home prices that were much higher, new data visualizations from the National Association of Realtors revealed. The report applied data from the American Community Survey and the FHFA’s House Price Index growth to…
Read MoreWith home prices soaring in Dallas, many buyers wonder what it would cost to live in other cities. Turns out, inventory is tight around the nation, not just in North Texas. In Dallas, the average home price is $230,500, a year-over-year increase of 9.76 percent, according to HSH.com. The means you need an annual salary of $53,824 to buy…
Read MoreI’m bullish on home ownership, even these last few days after I’ve dealt with spewing water pipes. But this report from CNN/Money made me laugh. Out of the top ten metro areas in the nation, it tells us what we already know: Dallas is a great place to buy rather than rent, and with median home prices at $163,100,…
Read MoreI am hearing it from agents and sellers, I am hearing it from appraisers and title companies: people are buying homes again (like these) in Dallas. Numbers are the proof: The Texas Association of Realtors said Tuesday that home sales in the state were up 12 percent in the first quarter from the same period…
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