Dallas Real Estate News

Good News, Moderate News for D-FW in Texas Housing Insight, Plus Other Reports

By Tommy Cummings / January 19, 2021 /

In D-FW, new home construction permits are projected to increase by 13.8 percent in 2021 versus a 21.5-percent increase in 2020. D-FW issued 3,641 non-seasonally adjusted permits, which topped the national list.

D-FW’s Million-Dollar Cities Are The Usual Suspects, But Here’s What Makes Them Unique

By Tommy Cummings / January 18, 2021 /

We all know which Dallas-Fort Worth municipalities carry Zillow’s recent distinction of Million-Dollar Cities. But let’s review, anyway, because a good many of us like talking about luxury homes. Listed in order by typical home value are the usual suspects — Westlake ($1,752,752), Highland Park ($1,695.262), Westover Hills ($1,677,514), and University Park ($1,468,731). Big duh.…

Dallas-Area Homeowners Really Aren’t Fleeing Big Cities for Small-Town Life, Study Finds

By Tommy Cummings / January 14, 2021 /

The premise of the 1960s sitcom, Green Acres, was a riches-to-rags tale of Manhattan lawyer Oliver Wendall Homes escaping city slicker life for farm livin’. You’d think this would go over today — that a pandemic would cause urbanites to put big-city density behind them for land spreadin’ out so far and wide. Not so…

If You’re Selling in 2021, Studies Have Good News for Texas’ Housing Market

By Tommy Cummings / January 11, 2021 /

Thinking about putting your home up for sale but just haven’t found the right time or conditions? Will the seller’s market remain hot this year? The news is good. According to one analysis, median Dallas-Fort Worth market home values will grow 5.3 percent in 2021. California-based Construction Coverage analyzed data from Zillow in its study.…

Latest California-to-Texas Migration Numbers Reveal Surprise, Plus Other Reports

By Tommy Cummings / January 11, 2021 /

The projection of Californians migrating en masse to Texas for job opportunities and lower taxes in 2020 wasn’t quite as drastic as first believed, according to U.S. Census Bureau data. In 2018, a Texas Realtors Association report showing Californians were migrating to Texas at a more than 2-to-1 rate showed no reason to think it…