Found 3 blog entries tagged as DFW Real Estate News.

Pending Home Sales at Highest Level Since 2006

We’ve made a pretty substantial effort to document how wild the DFW real estate market has been in recent months, and in case you missed it, feel free to check out how Dallas-area median home sales prices are at record levels or how the housing inventory around the entire North Texas region is dramatically low right now.

The bottom line is that if you currently happen to be searching for a home or condo in the Dallas-Fort Worth metroplex, chances are you’re experiencing first-hand just how difficult it can can be to not only secure a property you like, but to even find something decent in the first place.

Further evidence of how tough it’s getting was just recently reported, as pending home sales hit their highest level in 9 years back in April—a…

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Dallas Apartment Prices Rising

Believe it or not, nearly 16,000 new apartments are currently under construction in DFW and will be delivered sometime during 2015. But despite the rising numbers in inventory, renters in Dallas-Fort Worth are now paying more than ever for an apartment, and that doesn’t appear to be changing anytime soon.

According to a recent piece in the Dallas Morning News, rent prices in the area were up more than 5% from January 2014 to January 2015, and in Fort Worth, increases in apartment rents have jumped even more at 6.4% from this time last year.

While many different factors come into play as to why DFW’s rental and apartment market is so hot right now, many attribute it’s equally hot job market as perhaps the primary source. Last year, the Dallas-Fort Worth…

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Dallas Home Prices on the Rise

According to a recently released report from CoreLogic, Dallas-Fort Worth home prices were up an astounding 9.1% year over year in October—a number that continues to follow a trend the entire region is seeing, which is also well above the national average of 6.1% in that same timeframe.

While the Dallas-Fort Worth area is seeing the largest rise in home prices, the entire state of Texas is also experiencing relatively high increases over the past year, with statewide pricing up 8.7% from October 2013 to October 2014.

Based on projections from some economists, home prices all throughout the U.S. are expected to rise, with around half of the country believed to reach or surpass price levels seen prior to the housing bubble at some point in 2015.

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