Texas Real Estate Research Center

Looking For Land? So is Everyone Else, Economist Says

By CandysDirt / July 12, 2021 /

From Staff Reports “A feverish demand for land, accompanied by a dearth of listings for sale, propelled Texas prices up a remarkable 16.29  percent in the second quarter,” said Dr. Charles Gilliland, the land expert for the Texas Real Estate Research Center (TRERC) at Texas A&M University.  “The state’s land markets today are among the…

Sherman-Denison Area Joins the Home Sales Frenzy, Plus Other Reports

By Tommy Cummings / May 18, 2021 /

Median home sales prices in Sherman-Denison were up 29.8 percent from the same three-period a year ago while Austin-area prices were 28.2 percent higher, according to a new report from the National Association of Realtors.

Report: Dallas-Fort Worth Has Less Than One Month of Housing Inventory

By CandysDirt / April 27, 2021 /

From Staff Reports The median sales price of homes in Texas reached $274,300 in the first quarter this year, an increase of 13.4 percent over the same period last year, according to the 2021-Q1 Texas Quarterly Housing Report released today by Texas Realtors. In the Dallas-Fort Worth-Arlington MSA, the median sales price of a home is a…

Report Reveals Why More Texans Are Taking to ‘Farm Livin’

By Tommy Cummings / April 14, 2021 /

An increasing number of Texans are making rural land purchases. Make that a record $1.69 billion in statewide acquisitions in the fourth quarter of 2020, according to the Texas Land Market Latest Developments report compiled by the Texas Real Estate Research Center.

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

By Tommy Cummings / 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…