DFW Real Estate Report

D-FW home prices top national median for first time in Realtors’ survey

By Steve Brown and the Dallas Morning News The Dallas-Fort Worth area had one of the biggest home price increases in the country in the first quarter. D-FW median home sale prices were 12.6 percent higher than in 2016, according to the National Association of Realtors quarterly home price survey. The Washington-based trade group looks at 178 U.S. metropolitan areas…read more →

D-FW new home sales jumped in fourth quarter but builders couldn’t keep up

By Steve Brown and the Dallas Morning News North Texas new home sales rose 14 percent in the fourth quarter from a year earlier. But even with strong demand, Dallas-Fort Worth builders couldn’t break the 30,000-home start barrier in 2016. Builders started 29,337 new homes in the area last year — an increase of only about 5 percent from 2015 levels, according…read more →

2016: A record year for Dallas real estate

By Steve Brown and the Dallas Morning News What a year — 2016 saw a string of all-time highs in the North Texas real estate market. Record commercial property sales. Record home prices. Construction cranes sprouting across the horizon. This year has been like a flashback to the 1980s boom, but without the crooked savings and loan money and development…read more →

Stubborn Texas homeowners staying put when demand for houses is soaring

By Steve Brown and the Dallas Morning News Since the Great Recession, Americans have been staying in their homes on average about 60 percent longer. Of course, real estate agents don’t make any money unless people buy and sell houses, so the longer tenure of today’s homeowners is on their worry list. In Texas and surrounding states, people who bought homes…read more →

D-FW, Portland lead country in home price gains at more than twice national rate

Steve Brown and the Dallas Morning News Dallas-Fort Worth home prices are rising at more than twice the nationwide rate. D-FW housing prices jumped 12 percent in August from a year earlier, according to a new report by Zillow. Only Portland, Ore. – with a 14.8 percent year-over-year increase – had a larger price hike in Zillow’s study of major…read more →