Dallas Fort Worth home sales are on the rise, the North Texas Relocation Professionals hosts its annual holiday breakfast, the Texas Real Estate Commission names first female director, and a tech-enabled real estate firm celebrates its first year in Dallas, all in this week’s roundup of real estate news.
DFW Home Sales Increase For Fourth Straight Month
Area home sales went up for the fourth consecutive month in Dallas Fort Worth, according to a report released by HomesUSA.com.
The area’s 12-month rolling average of total new home sales in October was 1,357 vs. 1,343 total sales in September, according to Kevin Hawkins with Way Group.
Ben Caballero, CEO of HomesUSA.com, added that the Dallas new home sales market showed resiliency last month, as did new home sales throughout the state.
“Total new home sales were higher in the Dallas/Fort Worth area in September … despite a continuing decline in pending sales,” Caballero said.
HomesUSA.com also noted that DFW reported fewer Days on Market (DOM) for new homes.
“According to the HomesUSA.com New Home Sales Index, in Dallas Fort Worth, the DOM in October was 113.45 days vs. 114.41 days in September,” the report states. “Statewide, the pace of new home sales also improved, as the average DOM was 118.98 days in October vs. 119.86 days in September.”
NTRP Holiday Breakfast Set For Dec. 6
The North Texas Relocation Professionals and the Texas Relocation Network are holding a holiday breakfast event from 8 to 10 a.m. Dec. 6 at the Omni Dallas Hotel at Park West, 1590 LBJ Freeway, Dallas.
The gathering will feature the Saul Gresky Award Presentation and several guests including officials from the Dallas and Fort Worth police departments.
Please bring an unwrapped toy to be donated to the Dallas and Fort Worth police departments.
Cost is $50. Register here.
TREC Names First Female Director
Chelsea Buchholtz will take over as the first female executive director of the Texas Real Estate Commission on Jan. 1, officials recently announced.
TREC’s executive director also serves as commissioner of the Texas Appraiser Licensing and Certification Board, which participated significantly in the selection process.
Buchholtz will follow longtime director and commissioner Douglas Oldmixon, who will remain with the agency during a transitional period through March 2020.
Source: Texas Real Estate Commission
Tech-Enabled Real Estate Firm Celebrates One Year In Dallas
Offerpad, a technology-enabled home buyer and seller, is celebrating one year of operation in Dallas Fort Worth this November.
“Dallas Fort Worth has been a strong market for Offerpad as it operates in about 130 cities across North Texas,” said Communications Manager David Stephan in a press release. “Offerpad works with townhomes, condos, and single-family homes in both selling and buying.”
The company began in 2015 in Phoenix and has since expanded to Texas with its modern home selling methods. It’s now in more than 700 cities across the country.
DFW home buyers soon will be able to customize their home before move-in, Stephan said.