Dallas Real Estate News

Who Seems Most Confident in This Housing Market? The Builders

By Tommy Cummings / September 21, 2020 /

Builder confidence for newly built single-family homes has hit an all-time of 83 in September, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).

Premium Grocer Effect Means Higher Rents, Study Finds

By Tommy Cummings / September 21, 2020 /

My daughter rents in Austin. She loves shopping at Whole Foods Market. Before she upgraded from her college-area apartment to a nicer place near where she worked, one thing was very important: Whole Foods had to be nearby. She was leaving an area where one was a few blocks away. And to her delight, one…

Inventory Tightens, But Home Prices and Values Soar

By Tommy Cummings / September 21, 2020 /

The Dallas-Fort Worth housing market continues to be stronger now than a year ago, according to two recent studies. The RE/MAX National Housing Report reveals Dallas-Fort Worth home sales were up 4.6 percent over last year. The August Zillow Real Estate Market Report showed a 4.1 percent increase for D/FW home values. RE/MAX also points…

Negative News Creates Positive News for Texas Home Prices

By Tommy Cummings / September 14, 2020 /

Imagine a positive coming from a negative in 2020. At the moment, it’s happening for Texas home prices. Analysts say some consumers have stronger credit profiles, more stable income and asset resources during the COVID-19 outbreak. Ironically, this has created a prosperous environment for home prices. The Real Estate Center at Texas A&M University’s Texas…

You’ll Pay More for Rent in Grapevine, Frisco

By Tommy Cummings / September 14, 2020 /

Grapevine has plenty of attractions. It has Grapevine Lake, a historic downtown, the nearby Dallas/Fort Worth International Airport, the neighboring industrious planned community of Las Colinas, and it surrounds the Texas 114/121 freeway corridor that puts the area squarely between Dallas and Fort Worth. Apartment properties make these pitches to lure potential renters. But, if…