Real Estate Center at Texas A&M University
The National Association of Realtors released a report showing strong growth for existing home sales in December despite economic worries and a pandemic. Total existing-home sales increased 0.7 percent from November to a seasonally adjusted annual rate of 6.76 million in December, the report stated. Sales in total rose year-over-year, up 22.2 percent from 5.53…
Read MoreSales of single-family homes by real-estate agents were up more than 30 percent from a year ago in Collin and Denton counties, according to the MetroTex Association of Realtors’ November sales reports. The county-by-county market statistics are compiled by the Dallas-based group and supported by the Real Estate Center at Texas A&M University. Collectively in…
Read MoreAnother day, another study about declining rents. This time, Apartment List’s November 2020 Dallas Rent Report shows that Dallas rents over the past month have declined significantly. Last week, a RENTCafé analysis found that Frisco and Plano ranked first and second in the percentage of renters vs. homeowners over the past decade. Apartment List also…
Read MoreIn 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…
Read MoreOn Jan. 1, 2021, the center will return to its given identity – the Texas Real Estate Research Center.
Read More