North Texas Real Estate Information Systems

The Housing Market’s On Fire, So Brace For That Appraisal Coming in the Mail

By Marlin Weso / April 13, 2021 /

The significant jump in home prices in North Texas means a historic high value for your property if you’re selling. But for those not in the market to buy, it means that walk back from the mailbox while scanning the local appraisal district’s notification probably isn’t going to be much fun. An increase in value…

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D-FW, Texas Still Face Low Housing Inventories, Plus Other Reports and Studies

By Marlin Weso / November 2, 2020 /
texas home sales set records

In any business, low inventory is a bad thing. It’s a delicate balance of having a product, moving it, and having something to replace it. Just recall looking for toilet paper in the pandemic’s beginnings. Wasn’t that fun? Like it is on a national scale, the pandemic is impacting the Dallas-Fort Worth housing inventory. Prices…

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New D-FW Home Sales ‘Remarkably Robust’ in August

By Marlin Weso / September 28, 2020 /

Another month, another new home sales record in Dallas-Fort Worth. That’s the findings of a new report based on August sales from Dallas-based HomeUSA.com. “Dallas-Fort Worth new home sales jumped to record year-to-date levels last month,” says Ben Caballero, owner and CEO of HomesUSA.com. “New home sales were remarkably robust in August in Dallas-Fort Worth.”…

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New Single-Family Homes Show Best Increase Since 2006

By Marlin Weso / August 31, 2020 /

The good news about the boom in new and existing home sales in Dallas just keeps rolling in. It won’t last forever, of course, but let’s enjoy it while we have it. Sales of new single-family homes increased for the third consecutive month, rising to their highest level since 2006. Between June and July, sales…

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NTREIS Has No Plan to Stop Using ‘Master’ to Describe Largest Bedroom And Bath

By Joanna England / June 29, 2020 /

As far back as 2013, MLS organizations have been moving away from the term “master” when describing the largest en suite bedroom in a home. Just last week, the Houston Association of Realtors joined the west and east coast associations and will ditch the term, too. However, North Texas Real Estate Information Systems (NTREIS), the…

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