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Middle-Income Homeowners in Dallas-Fort Worth-Arlington Gained More Than $167,560 in Wealth Over the Past Decade from Home Appreciation

Middle-Income Homeowners in Dallas-Fort Worth-Arlington Gained More Than $167,560 in Wealth Over the Past Decade from Home Appreciation New data from the National Association of Realtors® reveal middle-income homeowners in Dallas-Fort Worth-Arlington, TX accumulated $167,560 in wealth as their homes appreciated over the last 10 years. The data, which was featured prominently in NAR’s new…

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Texas Mortgage Market Optimistic as Home-Purchase Originations Rebound

Texas Mortgage Market Optimistic as Home-Purchase Originations Rebound Mortgage-interest rates dipped lower in March, leading to increased business activity and an improved outlook across Texas’ residential mortgage market, according to the latest Texas Residential Mortgage Survey (TRMS). The volume and average value of home-purchase originations continued to rebound from last year’s contraction, and additional growth…

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Volume & Value of 30-Year Fixed-Rate Mortgages Increase Despite Higher Interest Rates

Volume & Value of 30-Year Fixed-Rate Mortgages Increase Despite Higher Interest Rates Business activity increased across Texas’ residential mortgage market for the second straight month in February, according to the latest Texas Residential Mortgage Survey (TRMS). Despite interest rates bouncing up after a fourth-quarter decline, the volume and average value of 30-year fixed-rate mortgages accelerated…

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Collin County Housing Inventory Can’t Keep Up

Collin County Housing Inventory Can’t Keep Up The Collin County Association of Realtors (CCAR) reports that housing inventory is set to remain tight as homes under contract outpaced previous years and a relatively flat number of homes entered the market. Collin County housing demand remained high as 38.7% more homes went under contract in February…

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Texas’ Mortgage Market Showing Signs of Stabilizing

Texas’ Mortgage Market Showing Signs of Stabilizing Initial signs of stabilization appeared in Texas’ residential mortgage market, according to the Texas Residential Mortgage Survey (TRMS). Industry conditions worsened through much of last year as the Federal Reserve increased interest rates to tame inflation and normalize post-pandemic demand across the economy. The January TRMS, however, indicated…

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New Year, New Calm for Real Estate

New Year, New Calm for Real Estate The Collin County Association of Realtors (CCAR) reports that a new calm descended over home buying in January as increased inventory allowed buyers to shop around and sellers continued to enjoy more money at the closing table. A Collin County home buyer had 234.2% more homes to choose…

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Seller Concessions Reemerge in Residential Transactions

Seller Concessions Reemerge in Residential Transactions The Collin County Association of Realtors (CCAR) reports that a steady increase in new listings and the simultaneous decline of homes under contract increased the area’s months supply of homes for sale by three times. The area had 8.2% more new listings and 10.0% fewer homes that went under…

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November Home Buyers Gave Thanks for Increased Housing Inventory

November Home Buyers Gave Thanks for Increased Housing Inventory The Collin County Association of Realtors (CCAR) reports increased inventory throughout the county as more homeowners listed their homes in November 2022 than the year prior, and fewer homes went under contract. The area had 7.7% more new listings and 15.5% fewer homes that went under…

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Collin County Welcomes a New Season of Home Buying and Selling

Collin County Welcomes a New Season of Home Buying and Selling The Collin County Association of Realtors (CCAR) reports that as the leaves turned, Collin County welcomed a new season of home buying and selling as homes remained on the market longer, continued to sell below their original list price, and increased housing inventory. In…

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National News: Existing-Home Sales Slipped 0.4% in August

National News: Existing-Home Sales Slipped 0.4% in August Existing-home sales experienced a slight dip in August, marking the seventh consecutive month of declines, according to the National Association of REALTORS®. Month-over-month sales varied across the four major U.S. regions as two regions recorded increases, one was unchanged and the other posted a drop. On a…

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