Dallas Home Sales Stats for August, 2022

It’s late September as I write this, and today we had another (and predicted) increase in the federal funds rate.  While mortgage rates are tied more to the rate of the 10-year bond, we did see the bias toward higher mortgage rates, touching 6.29% today.  These...

Dallas Home Sales Stats for July, 2022

Texas is one of only four states that has exceeded its pre-pandemic level of employment, the others being Arizona, Utah and Idaho.  If there were just one metric you would want on your side to measure economic health, it would be this: strong employment aka Jobs. ...

Dallas Home Sales Stats for April, 2022

After Dallas area sales recorded gains of 7% and 10% in February and March, sales of single family homes in April in the greater Dallas area slipped 3%.  Sales of condos and townhomes fell 22% vs year ago levels.  The main culprit is still the shortage of available...

Dallas Home Sales Stats for January, 2022

Dallas’ January home sales is pointing to another year of strong demand, higher prices and fewer choices. We have placed the blame for the rapid rise in prices to low inventory, but in many of our submarkets and the North Texas market as a whole, the number of...
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