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Will 2020 Be A Great Year for Buying or Selling Dallas Texas Real Estate?
Are you planning on buying or selling Dallas Texas Real Estate in 2020 but you’re not sure if the new year is going to be another good year for real estate? Although some real estate markets nationwide ended the year in a slump, the Dallas Texas real estate market remains strong and it’s likely that 2020 is going to be another strong year to buy or sell a home or piece of real estate in the DFW area. What to Do If You Plan on Buying A Home If you plan on buying a home in the DFW area, now is a perfect time to start planning for the type…
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Can We Expect Home Prices to Continue Climbing In 2020?
Are you planning on buying a home in the DFW in 2020 or selling your home? If so, the good news is that home prices are confirmed to continue increasing in the coming year. Here’s what most experts predict we will see in the coming year with the real estate market: ▪ Stephen Rutchik, executive managing director of office services, Colliers International South Florida: “There will be more leasing activity going into Downtown Fort Lauderdale, Brickell and Downtown Miami. For every tenant that we see that leaves Brickell, there’s more than one new-to-market or that’s expanding that takes the real estate. [And] Wynwood has yet to fully emerge as an office…
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Where Are the Hottest Zip Codes in North Texas?
The nationwide Real Estate market has been a bumpy ride this year as the activity has gone up and down in various cities across the United States. Is the Real Estate market slowing down? Will the Government raise interest rates? Right now, the market remains stable, especially in North Texas where several zip codes are seeing a lot of home-buying activity. Which Zip Codes Are Seeing the Most Activity in North Texas? In Grayson County, homes in all 29 ZIP codes sold in an average of 15 days on the market or less, according to a MetroTex Association of Realtors report created for the Business Journal based on North Texas Real Estate Information…
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North Texas home sales headed higher in August
Lower mortgage rates helped boost North Texas home sales in August. Sales of single-family homes by real estate agents rose 5% last month — the second month in a row that sales were higher than levels a year ago. The 10,911 homes sold set a record for August purchases, according to preliminary data from the Real Estate Center at Texas A&M University and the North Texas Real Estate Information Systems. “Both August and September have been very good months,” said housing analyst Ted Wilson with Dallas-based Residential Strategies. “These lower mortgage rates have definitely pulled people off the sidelines and helped with the affordability issues. “It’s definitely been a boon…
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Home Prices Are Up Only 1.4 Percent From 2018
Dallas-Fort Worth home prices grew at less than half the nationwide rate in the first quarter. D-FW median home sales prices were up just 1.4% from a year ago. That was the smallest such gain for the area in almost eight years in the closely watched quarterly home price report by the National Association of Realtors. Nationwide home prices were 3.9% higher than in first-quarter 2018, according to the just-released study of 178 U.S. metro home markets. “Homeowners in the majority of markets are continuing to enjoy price gains, albeit at a slower rate of growth,” Realtors chief economist Lawrence Yun said in the report. “A typical homeowner accumulated $9,500…
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When to walk away: Red flags in the home buying process
Buying a home is an incredibly exciting decision, but it rarely goes as smoothly as we hope. From questions about the neighbors, to surprises on the inspection report, add in the nerves associated with making one of the biggest investments of your life, and it begs the question: how do consumers know whether to take the plunge or walk away? To begin, work with people who are knowledgeable and honest. “When deciding whether to buy, trust your professionals. A good home inspector should point out potential problems in the home and your realtor should be able to negotiate having those fixed or a lower price,” co-founder of Angie’s List, Angie…
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Homebuying in 2019: Prices dipping, but other problems linger
After an almost decade-long “seller’s market,” in which prospective homeowners routinely encountered a bidding war, prices for homes and condos are leveling off. But buyers shouldn’t count on having an easier time negotiating — particularly for a “starter” home. Chief Economist Lawrence Yun of the National Association of Realtors predicts just a 2 percent rise in home prices this year. “Price increases will be difficult to maintain after several years of sizable gains,” said Yun. Housing prices have risen 52 percent since 2010 when the nation began to recover from the real estate crash. Yun’s prediction is in line, but not in total agreement, with other projections. Global analytics firm…
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Now is The Best Time for Investors to Invest in Real Estate
For the last 3 years, investors plus most economic analysts have been predicting a stock market correction and it has finally arrived. Over the last five weeks, the stock market has lost trillions of dollars in value and everyone from amazon.com to home builders nationwide have been feeling the effects. The good news is that one of the best alternatives for beleaguered investors to put their money into is still a viable option and it’s Real Estate. Why Invest in Real Estate? When you invest in real estate (either single family homes or multi-family rental properties) you can count on consistent cash flow from your Investments regardless if the economy…
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US Housing Starts Rose in August
There’s no denying that the Real Estate market has been up and down recently but the good news is that housing starts actually rose during the month of August and this certainly be a welcome relief for a housing market that’s been hard up for inventory in recent years. About Housing Starts in August U.S. housing starts grew modestly last month, driven by an outsize jump in an apartment building that masked weakness in the pipeline for single- and multifamily construction. Housing starts increased 9.2% in August from the prior month to a seasonally adjusted annual rate of 1.282 million, the Commerce Department said Wednesday. This rise in the building was…
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Now Is The Perfect Time To Buy A Home In Dallas Texas
Are you planning on buying a home in Dallas? If so, the good news is that home values here are growing at the slowest pace that they’ve grown in the last five years. Although this news may not necessarily be good for homeowners, the reality is that it’s good news for home buyers because it means that buyers will actually get a break and be able to buy a home without having to deal with huge year-over-year gains that they might find in other cities across the USA. About The Dallas Texas Real Estate Market Dallas-area home prices are up by only 5.7 percent in the latest survey – the…
