U.S. single-family homebuilding rebounded in December, but the increase was likely temporary as permits for future construction continued to decline amid higher mortgage rates. Single-family housing starts, which account for the bulk of homebuilding, increased 11.3% to a seasonally adjusted annual rate of 909,000 units last month, the highest level since August, the Commerce Department reported on Thursday.
The California Governor and his party are pushing legislation that would impose higher taxes on the state's more affluent residents, and this tax would carry with them if they moved to Texas. Dozens of lawsuits will be filed if this legislation passes. The proposed bill would begin January 2024, hence a considerable move this year to Texas from some of California's more affluent residents. Other states that are losing so many people to Texas are looking at this wealth tax proposal for their state. These states include Washington, New York, Minnesota, Illinois, Connecticut and Maryland.
Art lovers such as our real estate agents feel right at home in the Dallas-Fort Worth area since Dallas has the largest Arts District in the United States. Discover DFW's rich cultural community by participating in Go to an Art Museum Day on Wednesday, November 9.
There are many museums and galleries to explore when you call the Dallas-Fort Worth area home. Are you ready to buy or sell a home in this area? Contact us at RE/MAX DFW Associates to get started.
After a busy day, our real estate agents want a satisfying home-cooked meal with someone else doing the work. When these moods strike, they head for the retro charms of these delightful diners around the Dallas-Fort Worth area.
For a real treat, get your diner meal to go and gather around the dining table in your Dallas-Fort Worth home. Contact us at RE/MAX DFW Associates for experienced help with all your real estate needs.
Even though the laundry room is one of the most frequently used rooms in many homes, the styling and functionality of the room are often overlooked. Our real estate agents encourage homeowners to overhaul their laundry room so that it's a space that fits their aesthetic preferences and household needs. Here are a few ideas for your laundry room makeover.
With a few simple changes, you can enhance the look and utility of your laundry room. Interested in a home with more space for your family? Contact us to get started!
With more than 7.6 million residents in total, the DFW area is consistently one of America's fastest-growing and most attractive urban areas. In 2022, it crossed the threshold to become the #3 largest metroplex in the United States, and it continues to entice newcomers from far and wide.
Our real estate agents are always glad to welcome anyone who is considering becoming a part of the unfolding DFW story. There are homes to meet every taste, need, and budget throughout the DFW's many colorful and historic communities. And you're sure to love meeting the many small businesses.
Let's drop in on some of the best places to enjoy a coffee in Dallas-Fort Worth:
Contact us to find out more about homes and amenities in Dallas-Fort Worth.
Want to add more curb appeal to your home? Interested in getting your home ready to add to the inventory of Dallas homes for sale?
Refreshing the look and functionality of your front yard is an effective way to boost the curb appeal and overall appearance of your home. Our real estate agents recommend the following options to quickly refresh your front yard.
By making a few small changes or additions to your yard, you can give it the refresh it needs to enhance your home's curb appeal.
Want a home with more outside space? Contact us today to put your home on the market!
Fort Worth's Log Cabin Village offers visitors a glimpse into pioneer times. Located near our Fort Worth homes for sale, this site is a museum where you can explore and interact with the perfectly preserved exhibits.
About the Village
The Log Cabin Village is a historical site operated by the City of Fort Worth. Its goal is to preserve examples of pioneer architecture and help show modern Texans what frontier life was like. The site contains several historic buildings that were moved from other parts of Texas.
The village is located at 2100 Log Cabin Village in Fort Worth, Texas, and is open between Tuesday and Saturday from 9:30 AM to 4:00 PM. Admission costs $7 per person aged 18 to 59 and $6 for children, teenagers, or seniors. Groups of 10 people or more can get tickets for just $5 per person. The last tickets are sold at 3:00 PM, so be sure to arrive before then if you haven't bought your tickets in advance.
Exploring the Cabins
The Log Cabin Village's historic structures are the site's main attractions. These buildings are mostly log cabins that were built by settlers during the 19th century. Each one is a simple home made from cedar and oak planks with just one or two rooms. Each one was deconstructed, moved to the village, and carefully reassembled on the village's grounds. Later, the village acquired the one-room Marine Schoolhouse, a blacksmith shop, and an old gristmill attached to another log cabin.
Each of the exhibition buildings is equipped with detailed labels stating what each part of the structure was used for. There are also historical interpreters on hand to answer all of your questions and offer additional information on pioneer life. Our real estate agents love how they use the art of storytelling to bring their audience closer to the real people who once lived in these old buildings.
Once you've spent some time touring the cabins, there's even more to do on the village's grounds.
Visiting the thriving herb garden and nearby drying shed demonstrates how the settlers lived on the frontier. There are also many walking paths you can take to get a closer look at the natural landscape and imagine yourself in an earlier time.
Finally, you can stop by the village's gift shop to pick up some souvenirs. This shop stocks all kinds of memorabilia, but it's especially well-known for its stick candy and old-fashioned soda pop. You won't find treats like these at your local grocery store!
Make Your Home on the New Frontier
The Fort Worth area's history is rich and – thanks to projects like the Log Cabin Village – has been carefully preserved for future generations. You and your family deserve the chance to experience it. Contact us today to start looking for your next home in our vast selection of Fort Worth and Dallas homes for sale.
According to the American Horse Council, Texas is home to nearly one million horses. It's no surprise that there are so many great equestrian centers and stables around Dallas homes for sale.
If you're buying or selling a DFW home, contact us at RE/MAX DFW Associates to speak with one of our real estate agents.
The North Texas housing market is downshifting quickly, with Dallas-Fort Worth being the only U.S. market to see a decrease in home sale prices last month, according to a report released today. DFW home prices are down 1.9% year over year in July, according to the latest Re/Max National Housing Report.
And what a difference a month makes. Last month, DFW led the U.S. for home price increases, with June prices up 29.3% over the previous year. In hard numbers, home sales prices in DFW fell to $413,900 in July from $422,000 in July 2021. Homes in DFW spend an average of 23 days on the market before selling.
Higher interest rates and inflation, as well as record home prices, triggered a sharp drop in demand for housing, said Todd Luong, a realtor with Re/Max DFW Associates: "Here at our Re/Max office in Dallas-Fort Worth, our listings are currently getting on average 2.7 showings per week," Luong said. "Last year, at this same time, our listings were earning on average 5.9 showings per week. That is a huge drop in buyer demand compared to the previous year. Record home prices and higher mortgage rates have forced many potential buyers out of the market, especially first-time homebuyers."
While the latest trends may disappoint some sellers, buyers now have more choices and better opportunities for good deals, Luong said. Luong said that the DFW housing market has been challenged with low inventory for years and reached an all-time low earlier this year, with only a two-week supply. Now, however, inventory is increasing. "Although buyers have more choices now, it is still not a balanced market as we only have about a two-month housing supply," Luong said. "In a normal market, you have about a five to six-month supply of housing."
A new report from Zillow also found falling home values, although the numbers didn't match Re/Max's precisely because of different study methods and different geographic definitions of DFW as a metro area, among other reasons. According to Zillow's findings, the Dallas-Fort Worth metro area's typical home value is $396,904, down 1.1% since June, the first month of decline. Values are up 55.4% since July 2019.
Zillow also reported that the mortgage payment on a typical home in DFW is $2,633 a month, including taxes and insurance. That's up 77.4% compared to July 2019.
According to Zillow, inventory in DFW has risen 10.2% since June, and the share of listings with a price cut in July was 22%, compared to 15.6% in June. Nationwide, after two years of unprecedented growth, home values fell for the first time since 2012 as competition for houses eased, according to Zillow's July market report.
The slowdown is being driven by decreased competition among buyers. Zillow's analysis says that affordability pressures have pushed many to the sidelines, and buyers are waiting in the wings to resume their search if and when prices relax a bit. Skylar Olsen, Zillow's chief economist, called the flattening of home values "a badly needed rebalancing. This slowdown is about discouraged buyers pulling back after the affordability shock from higher rates," Olsen said. "As prices soften, many will renew their interest, and we will continue our progress back to 'normal.'"
Luong said he sees positive signs in the market. The interest rate for a 30-year fixed mortgage dropped below 5% after peaking in June. More than 290,000 new jobs were added in Dallas-Fort Worth last year, so North Texas has one of the strongest labor markets in the country. "Reasonably priced homes that are in good condition and move-in ready are still selling very fast," he said. "However, the bidding wars have subsided considerably across the board."
Want to remove pesky odors from your home and improve the quality of your indoor air? Our real estate agents suggest buying an air purifier.
An air purifier removes pathogens from your air, like pet dander, dust, and other allergens, that can affect your health. If you also work from home and spend a lot of time in your home office, an air purifier ensures that you have clean, healthy air in your workspace, helping you feel your best and boosting your productivity.
Here are a few tips to follow when buying an air purifier.
An air purifier creates clean, odor-free air, making it an excellent addition to any home. Ready to put your home on the market? Contact us to get started!
When our real estate agents are asked why they recommend moving to the Dallas-Fort Worth area, they often mention the region's outdoor amenities. The DFW has so many lovely natural areas where you can enjoy wildlife and beautiful plants. One of the best ways to enjoy these natural areas is by riding a bike. Whether you're a casual bike rider or a more serious cyclist, here are some of the top DFW bike trails to visit.
Don't hesitate to contact us if you're still looking for a home to buy. We'd love to help guide your search.
The Dallas-Fort Worth area is fun in every season, but during the summer months, the area is filled with summer events and activities to keep your family's calendar full! Our real estate agents love to spend their off-time at these entertaining places.
Fun is in season all year long. For friendly and experienced help buying or selling a home, contact us at RE/MAX DFW Associates.
Catching a baseball game is a fun family summer evening activity, and Frisco just happens to be home to one of the best ballparks in Minor League Baseball.
Head on over to Riders Park where you can watch the Frisco RoughRiders, a double-A affiliate of the Texas Rangers, compete in the Texas League. Our real estate agents love heading out to the park, grabbing some peanuts, and relaxing on a warm summer night. It's super easy to do because the park is just a short drive from some beautiful Dallas homes for sale.
About Riders Park
Riders Park is a beautiful ballpark equipped with plenty of seating, luxury suites, fun activities, and great food. Concession options include Rojo's, Frisco Smoque BBQ, Frank's Hot Dogs, Coop & Kennel, Fairlane's Hot Dogs, and Ono Pacific Grill where you can grab a delicious cheesesteak. There are also six bars throughout the park where you can enjoy beer, wine, mixed drinks, or frozen margaritas. The park makes for a great community asset that is conveniently located just a short distance from these Fort Worth homes for sale.
The park is surrounded by 5 parking lots, all of which open 2 hours before the game.
Upcoming Games and Promotions
The RoughRiders have several home games between now and September 11, with many taking place throughout the week. Below are some highlights from the upcoming schedule along with some great promotions:
Make sure to buy your tickets in advance for a fun summer evening with the whole family. View the full game schedule here. We love showing our support for our local sports teams, and a trip to Riders Park gives you the opportunity to enjoy America's favorite pastime. Contact us today for more information about local events.
What could be better than a meal with a view? Some of the area's best, trendiest restaurants offer rooftop dining experiences that you won't want to miss, with fantastic views of the city skylines and outstanding food to match. All that's left is to pick your destination and make a reservation. Our real estate agents have the delicious details on some of the best places throughout the DFW for rooftop dining.
Ready to buy or sell your next home close to all of the delicious dining options? Our team is here to help. Contact us to buy and sell homes throughout the Dallas-Fort Worth area.
DFW is known for serving up some of the best barbecue in the entire country, and May is the perfect time to explore what local restaurants have to offer. That's because May is National Barbecue Month, a celebration of all things smoked, grilled, or covered in barbecue sauce. So why not sample some brisket, DFW-style, in honor of National Barbecue Month? Our real estate agents have the details on some of the best restaurants for brisket and barbecue.
When you're ready to buy or sell your next home in DFW, our team is here to help with all of your real estate needs. Contact us to buy and sell homes throughout the Dallas-Fort Worth area.
Do you love baking but wish your kitchen was more functional for your culinary needs? Or, do you want to create a space that makes it easier for you to bake your favorite dishes?
By making a few simple changes to your kitchen, you can improve the functionality and efficiency of your kitchen. Our real estate agents know that many of these projects will make your home more appealing to potential buyers.
Here are some features and additions that we recommend to make your kitchen more baking-friendly.
Want a home with a larger kitchen so that you have additional space for baking? Contact us today to get started!
Will April showers be bringing May flowers to your yard? Our real estate agents may not have green thumbs, but they have beautiful lawns and gardens thanks to help from these great gardening stores and greenhouses around Dallas homes for sale.
Spring Gardening Tips
Now that you've acquired your gardening supplies, how do you turn your garden into something truly marvelous? Follow these tips in your Texas garden.
Looking for a new home with enough space for a garden? Contact us at RE/MAX DFW Associates for help with all your real estate needs.
Depending on how much stuff you own and how far you're moving, moving expenses can add up quickly. Our real estate agents know that many individuals feel financially unprepared because they underestimated their moving costs. When calculating your moving budget, here are a few moving expenses to account for.
Ready to move to your next home? Contact us to get started!
Want to plan some outings that you and your kids can both enjoy? The DFW is full of family-friendly activities that are entertaining and educational. Our real estate agents love spending quality time with their families at these great spots around the Dallas-Fort Worth area.
Contact us RE/MAX DFW Associates for help with any of your real estate needs.
St. Patrick's Day is coming right up on March 17. It's a holiday that brings a wealth of enjoyable annual events to the Dallas-Fort Worth area.
If you're looking for a way to have fun and get your blood pumping this March, be sure to check out one of these great St. Patrick's Day festivals, 5ks, races, and runs in DFW!
There's always something fun and exciting happening in the Dallas-Fort Worth area. Contact us today to learn more about life in DFW and talk to our real estate agents about finding your dream home in Dallas, Fort Worth, and the surrounding areas.
If you feel like you've done it all, our real estate agents have a new date night suggestion for you: Cooking classes!
Cooking classes are both fun and functional. You'll learn to create wholesome, satisfying meals that can save you plenty of money. At the same time, you'll share a unique experience that might just give you a new favorite thing to do together. Maybe your next date includes cooking the dinner of your dreams!
No matter whether you're looking at Dallas homes for sale or down the road at Fort Worth homes for sale, there are plenty of cooking classes to browse. Virtual or in-person options are both available, so you can choose to have date night in the comfort of your own kitchen if you prefer.
Here's a taste of some of the leading local brands for local cooking classes:
Contact us to learn more about real estate in Dallas-Fort Worth.
When our real estate agents heard that National French Toast Day was coming up on November 28th, they got super excited! There are some great breakfast and brunch places in the Dallas–Fort Worth area, and this gave them a reason to try some of them out.
Start your morning out right with French toast from these local restaurants.
If you're ready to enjoy amazing dining options like this all the time, we can help you find the perfect home in the Dallas–Fort Worth area. Contact us today to discuss your goals and start exploring your options.
DFW might be a thriving urban metropolis, but the area retains a number of places where nature takes center stage. Our real estate agents refresh body, mind, and spirit with visits to these beautiful nature centers throughout the area.
Ready to learn more about what life in Texas has to offer? Contact us at RE/MAX DFW Associates to learn more.
Shopping at local arts and crafts shows is a fun way to spend a few hours while picking up some unique handmade items for yourself or to give as a gift. Whether you're shopping for paintings, jewelry, apparel, or something different, you're like to find some treasures to take home.
Our real estate agents suggest visiting some of the following arts and crafts shows:
Contact us if you'd like to buy a home or sell yours in the Dallas-Fort Worth-Mesquite area. Our agents will help every step of the way.
April showers may bring May flowers, but Mother Nature's creativity is still in full bloom during the fall. Our real estate agents love to visit these incredible gardens, just minutes from Fort Worth homes for sale.
The best garden of all is the one you plant in the backyard of your own Fort Worth home. Contact us at RE/MAX DFW Associates to speak with one of our experienced agents.
Our real estate agents love the energy and diverse range of activities found at Sundance Square, just minutes from Fort Worth homes for sale. Take in a show, learn some history, or just stroll the scenic parks at these great spots in this 35-block section of downtown Fort Worth.
Let us answer all your Fort Worth real estate questions. Contact us at RE/MAX DFW Associates for cheerful and knowledgeable assistance.
It's a well-known fact that curb appeal makes a huge difference in Dallas homes for sale. Whether you're planning on listing your home soon or not for a little while yet, here are a few outdoor walkway ideas our real estate agents recommend for a quick way to boost curb appeal.
Whether it's for your own enjoyment or you're ready to sell your house, you'll be amazed at the difference a newly designed outdoor walkway will make in your home's curb appeal. For more tips on boosting curb appeal or to chat with an agent about selling your home, contact us today.
Dallas, Fort Worth, and the many wonderful smaller cities in North Texas are home to some of the state's best, most acclaimed wineries. In addition to producing award-winning wines, these wineries often host special events where you can enjoy great food, camaraderie, live entertainment, and unique, behind-the-scenes tours. Many of the area's most popular wineries work together to create wine trails, with coordinated events that make it easy to explore all that various local wineries have to offer. Our real estate agents have the delicious details on 4 North Texas wine trails that you will love to explore this summer.
Dallas Town and Country Wine Trail
The Dallas Town and Country Wine Trail is the perfect option for anyone who wants to visit some amazing wineries close to Dallas homes for sale. There are six great wineries to visit on this trail, including Carmela Winery, Eden Hill Winery and Vineyard, Caudalie Crest, Lone Star Wine Cellars, Landon Winery, and Grayson Hill Winery. Many of these wineries are located in quaint, historic town squares in smaller communities just outside of Dallas. Taste some award-winning local wines, enjoy scenic countryside drives between each winery, and learn more from the experts about how some of the best wines around Dallas are produced.
North Texas Wine Country Trail
Looking for a single wine trail that can keep you busy with new places to explore all summer long? The North Texas Wine Country Trail includes wineries in 22 counties, starting with the DFW region and spreading out through a diverse selection of North Texas communities. There's a winery for every taste on this trail, from urban wineries in DFW to sprawling, countryside vineyards located far from the hustle and bustle of the big cities. There's a ton to explore throughout the summer, and the fun continues well into the fall. Keep an eye out for big events like the Downtown Wine Walks of North Texas Wine Country and the Windsong Wine & Music Festival.
Grapevine Wine Trail
Located just a short drive from the big cities, the Grapevine Wine Trail showcases five of the best wineries in downtown Grapevine. Most of the wineries on this trail are within walking distance so that you can enjoy a leisurely walk through Grapevine's historic downtown between each stop. During coordinated events on the Grapevine Wine Trail, one ticket will give you access to three tastings with food pairings at each winery on the trail, along with a commemorative wine glass from each winery that you visit. Check the website regularly for scheduled events, and plan ahead for transportation if you'd rather not walk between wineries.
Vine & Wine Tours of North Texas
While most wine trails are self-guided, Vine & Wine Tours of North Texas offers a guided, all-inclusive tour of three of the most popular wineries located near Fort Worth homes for sale. These tours will take you to some of the oldest wineries in DFW, with the opportunity to tour production facilities, ask questions to expert winemakers, stroll through the vineyards, and of course, taste some incredible wines. During your five-plus-hour tour, you will be guided by a former winery owner who is happy to tell you more about the industry and the history of wine in North Texas.
Fine wine and great times are never far from your front door when you live in the Dallas-Fort Worth area, and our team is here to help you find your next home in your favorite city. Contact us to buy and sell homes throughout the DFW region.
Mark your calendars, wing fanatics: July 29th is National Chicken Wing Day! It's the holiday we never knew we needed. If you happen to be in Dallas-Fort Worth for this momentous occasion, be sure to check out these great local wing spots.
Ready to learn more about life in the DFW? Our real estate agents are here to help you find your dream home in Dallas, Fort Worth, and the surrounding areas, and you can contact us any time—even on National Chicken Wing Day.
Summer in Fort Worth means plenty of sunshine, but temperatures regularly approach triple digits. When they need to cool off and relax, our real estate agents head for these refreshing pools conveniently located around Fort Worth.
Summer is a great time to buy or sell a home in Fort Worth. When you're ready to get started, contact us at RE/MAX DFW Associates for knowledgeable answers to all your questions.
Everything's bigger in Texas, but it looks smaller when seen from the treetops. Ziplining is just one of the outdoor activities that make the Dallas-Fort Worth area such a great place to live. Our real estate agents recommend getting your adrenaline pumping at these exciting parks around the DFW.
After a day outdoors, there's nothing better than heading back to your own DFW home. Contact us at RE/MAX DFW Associates for friendly and experienced real estate help.
Bubble tea—also known as boba tea—has taken America by storm in the last 10 years. This sweet tea-based drink with chewy tapioca balls originated in Taiwan back in the 1980s, but these days it's everywhere.
Case in point: we have some truly great bubble tea joints here in the DFW. Whether you're looking for a new place to get your boba fix, or you're just getting ready to try it for the first time, our real estate agents recommend these awesome bubble tea shops in Dallas, Fort Worth, and the surrounding areas!
Contact us today to learn more about life in the Dallas/Fort Worth area.
Whether you're permanently working from home or just want a space where you can create in peace, it's important to set up an inviting home office that you look forward to working in. Our real estate agents also find that a home with a home office is more appealing to potential buyers. You don't have to undergo a complete renovation to update your home office; instead, check out these simple ways to give your home office a boost.
Searching for a home with a larger space for a home office? Contact us today to explore your options!
Mother's Day is fast approaching, and there's no better way to appreciate your mom than treating her to a delicious meal. Start Mother's Day with a memorable brunch at a fantastic local restaurant. Our real estate agents have rounded up some of the most exquisite DFW restaurants where you'll find a delicious treat that your mother will thoroughly enjoy:
Do not hesitate to contact our real estate agents to see what we have on offer.
If you're a homeowner, you know that spring cleaning is essential to a clutter-free home. When winter cold fades away, and spring sunshine appears, it's time to roll up your sleeves and tackle some of those indoor and outdoor chores around the house. Our real estate agents know that buyers pay attention to small details that reflect an organized, well-maintained home. Tackle every spot in your home, even the ones that are commonly overlooked, with these helpful tips.
In a busy household, cleaning the refrigerator, stove, microwave, and dishwasher are chores that often get pushed aside. Although they take time and energy, they're essential to prevent a buildup of spills and food residue, rodents, and potential fire hazards in the kitchen. When spring cleaning:
Sweep and mop under large appliances
Get rid of old food in the fridge
Clean the stovetop and oven with a degreaser
Remove spills and food residue from the microwave
Remove food debris and any broken glass from the dishwasher
Clean coffee makers, toasters, and can openers to remove bacteria
Spring cleaning provides the perfect time to check the expiration dates on food, get rid of old or unwanted items, and organize your kitchen pantry. For faster cleaning, remove items shelf by shelf, starting with the top shelf. Place items on your kitchen countertops while cleaning pantry shelves with warm soap and water or a spray cleaner that removes grime and stains. If you want to label or reorganize food items, this is the perfect opportunity.
Cabinets, Closets, and Draws
Cabinets and drawers can quickly become filled with clutter and unused items, especially after living in a home for a while. Buyers interested in Dallas homes for sale don't want to see clutter overflowing in cabinets, drawers, and closets. Spring cleaning provides the perfect opportunity to get rid of unwanted items, old clothes, and expired medications, so your home doesn't look neglected.
Under Kitchen and Bathroom Sinks
Areas under kitchen and bathroom sinks are commonly used to store cleaning products and household essentials. These areas are often neglected and subject to a buildup of clutter, moisture, leaky pipes, and mold. If garbage disposals are not cleaned regularly with disinfectant, they can build up bacteria from food debris and unpleasant odors. Potential home buyers often check under kitchen and bathroom sinks to look for signs of rotten wood, mold or mildew or standing water that signal potential plumbing problems.
Ceiling Fans. Chandeliers, Lamps, and Sconces
When it comes to cleaning, indoor and outdoor lighting fixtures are often overlooked. For many homeowners, indoor ceiling fans, chandeliers and sconces, lamps and lampshades, and outdoor lighting fixtures don't get cleaned on a regular basis. Unfortunately, the grime, dirt, and dust that builds up and blocks light makes indoor spaces look dark and dingy, and outdoor spaces unappealing to potential buyers looking for Fort Worth homes for sale.
Air Ducts and Vents
Dirt and debris that builds up in air ducts and vents can cause excessive dust in your home and respiratory problems for your family. To remove dust buildup from vents, remove them and wash them with hot soapy water. To clean your air ducts, you need to schedule a cleaning with a local professional HAVC technician who has the proper equipment.
Take the time for spring cleaning to ensure a well-organized, healthy home. If you're interested in buying or selling a home, contact us to find out how we can help with your real estate needs.
Looking for a fun and exciting way to explore a part of Texas history right here in Fort Worth? Our real estate agents have introduced plenty of new homeowners to the Fort Worth Stockyards National Historic District.
When looking at Fort Worth homes for sale, you want to see everything the community has to offer. The rich and exciting story of Texas comes alive when you visit the Fort Worth Stockyards National Historic District!
The Fort Worth Stockyards National Historic District sits just north of the central business district in Fort Worth. A section of 98 acres that encompasses most of the Stockyards has been listed on the National Register of Historic Places since 1976, an honor reflecting its unique place as a livestock center renowned throughout the Lone Star State.
The history of the Stockyards begins with the arrival of railroads in 1876. The Fort Worth Union Stockyards were opened by 1890, covering an expansive area of more than 200 acres. Fort Worth also became home to its very own meat processing plant in February of that year. In its heyday, there were four distinct stockyards.
Before long, what is now the Fort Worth Stockyards National Historic District sold more than 1 million head of cattle per year.
Today, the Historic District designation applies to 46 buildings and one other structure, as well as noted Texas Historic Landmarks, including the entrance sign, the Livestock Exchange Building, and the site of the Stockyards Hotel. Entertainment and shopping venues capitalize on Fort Worth's indelible reputation as "Cowtown."
Making the Most of Your Trip to the Fort Worth Stockyards National Historic District
There's plenty to see and do in the Fort Worth Stockyards, so you'll want to know a bit about it before you go.
Let's take a closer look at some fun facts to remember:
Ready to learn more about the Fort Worth area? Contact us at RE/MAX DFW Associates to learn about real estate opportunities right here in Fort Worth.
The parks and trails of the DFW area have so much to offer, and now is the perfect time for an outdoor adventure with your furry friend. Many of the best DFW trails are dog-friendly, with beautiful green spaces to explore and plenty of opportunities for your pup to play with new friends. There are trails located in popular parks and nature preserves and trails that connect multiple local outdoor attractions. Our real estate agents have all of the details, with our guide to 6 trails that you and your dog will love in DFW.
Cedar Ridge Preserve – 7171 Mountain Creek Pkwy, Dallas, TX 75249
The Cedar Ridge Preserve is a nature preserve located close to Dallas homes for sale, with various trails to explore. It's a popular spot for bird-watching, with wooded trails that are also ideal for adventures with your pet. There are a total of 13 short trails winding throughout this outdoor space, all maintained beautifully by a dedicated team of conservationists.
Tails 'N Trails Dog Park – 950 SE Green Oaks Blvd., Arlington, TX 76018
Ideal for dogs who love to socialize, the Tails 'N Trails Dog Park is easy to reach from Arlington homes for sale. This space includes an expansive off-leash dog park that's perfect for playtime, along with trails to traverse. You will frequently find plenty of other dogs here for your pet to play with, especially if you visit on weekends.
Northshore Park Trail – 2908 N Park Dr., Flower Mound, TX 75022
You'll find tons of great trails to explore near Flower Mound homes for sale, including the popular, multi-use Northshore Park Trail. This trail, which is part of Northshore Park, is used by mountain bikers, hikers, and pet owners from throughout Flower Mound. When you're looking for a quiet, secluded spot for a walk, try visiting in the morning or early evening.
Preston Ridge Trail – 6994 Belt Line Rd., Dallas, TX 75254
Looking to explore multiple parks on the same day with your pup? The Preston Ridge Trail connects a variety of parks within Dallas and can even take you all the way to Plano. You can pick up the trail at Fretz Park, then follow it for more than 6 miles as you visit Salado Park, Campbell Green Park, and points beyond.
Trinity Forest Trails – 4750 Great Trinity Forest Way, Dallas, TX 75216
If you're searching for a trail system that offers long, scenic walks, the Trinity Forest Trails are sure to catch your eye. This trail loop runs for more than 10 miles, connecting an eclectic collection of outdoor attractions that include Trinity Forest Golf Course, the Texas Horse Park, and the Trinity River Audubon Center. This trail is twelve feet wide and fully paved, so there's plenty of room for outdoor fun, even when the trail gets busy.
Tandy Hills Natural Area – 3400 View St., Fort Worth, TX 76103
There are plenty of gorgeous outdoor spaces to explore near Fort Worth homes for sale, starting with the 160-acre Tandy Hills Natural Area. This conservation area provides a window into the past of DFW in a classic Fort Worth prairie environment. The land has never been developed and is especially beautiful in the spring when prairie flowers are in full bloom.
Ready to find a Texas home that both you and your favorite pet will love? We can help. Contact us to buy and sell homes throughout the DFW area.
Valentine's Day is right around the corner. If you're looking for a way to impress that special someone, flower deliveries are always a big hit!
Choosing the right florist can mean the difference between sending a gift that's truly stunning and one that's underwhelming. If you're not sure which florist to choose, you're in luck. Our real estate agents have had the pleasure of working with some of the best in the area. Here are a few of their recommendations.
Are you ready to find a home you can truly fall in love with just in time for Valentine's Day? We're here to help! Your dream home is out there waiting for you, so don't delay. Contact us today to discuss your goals and get started.
When winter arrives, nothing beats a tasty mug of hot chocolate. There's never a bad time to enjoy this sweet treat, but just in case you needed a reason to celebrate, you'll be glad to know that National Hot Chocolate Day is right around the corner!
When you're ready to warm up, we suggest heading out and paying a visit to one (or more!) of these locations.
Contact us today to get started.
Have you thought about jumping on the bandwagon and making your home smarter in 2021? If not, maybe you should. There are so many ways smart features increase your home's comfort, security, and efficiency that a smart system bears looking at. What's more, if you're listing your home among Dallas homes for sale or Plano homes for sale, you might include the smart system and appliances as a selling point.
In case you're not familiar with all the features you could have with a smart system, let's look at a rundown.
Manage your home's environment from near or far with a smart thermostat. Use an app on your smartphone or tablet to control the temperature; depending on if you have an in-house humidifier, you might even be able to raise or lower humidity. Some systems can sense your approach and raise or lower the temperature for your comfort. Need an analysis of your energy usage? A smart thermostat can do that as well.
Our real estate agents can help you upgrade your home and appliances to create a more convenient, efficient, and secure smart system. Contact us today.
Whether you're trying to find the ideal gift for someone who already has everything or a small, thoughtful stocking stuffer for someone with a sweet tooth, the gift of a sweet treat never goes out of style. Lucky for you, the DFW area is filled with candy shops that offer something to satisfy every taste! From traditional candy made from decades-old family recipes to zany, new candy creations, you can find it all close to home in DFW. Our real estate agents have all the delicious details on 6 great candy shops where you can find your stocking stuffers this year.
Blooms Candy & Soda Pop Shop – 1106 W Main St., Carrollton, TX 75006
Starting as a small flower shop before blossoming into one of the area's best retro candy shops, Blooms Candy & Soda Pop Shop prides itself on serving up candy varieties that you don't see every day. There are more than 800 types of candy available in the store, with unique treats that are a delight for kids young and old.
Fort Worth Fudge and Toffee – 324 N Jim Wright Fwy, Fort Worth, TX 76108
You won't have to travel far from Fort Worth homes for sale to find sweet stocking stuffers, thanks to legendary local candy shops like Fort Worth Fudge and Toffee. Naturally, the fudge is the main attraction, and there are more than 15 types of fudge available to satisfy any sweet tooth. While the shop is not currently open for regular hours, you can still call ahead, make an appointment to visit, and shop to your heart's content.
Kate Weiser Chocolate – 3011 Gulden Ln., Suite 115, Dallas, TX 75212
Searching for sweet, satisfying chocolate near Dallas homes for sale? Make the trip to Kate Weiser Chocolate, where gourmet, hand-crafted treats are always on the menu. If you believe chocolate is an art form, this is a great place to shop. Each piece has been designed to look just as great as it tastes, with expert guidance from lead chocolatier Kate Weiser. No detail is too small for this team, and the results are delicious.
Natalie's Candy Jar – DFW International Airport, Terminal B, DFW Airport, TX 75261
Will your journeys be taking you to the DFW International Airport at any point during the holiday shopping season? Then be sure to check out Natalie's Candy Jar, which has multiple locations throughout the airport where you can shop for sweet gifts. Natalie's Candy Jar is a gourmet, self-serve candy shop with more than 400 varieties available.
Dylan's Candy Bar – 2400 Aviation Dr., Terminal D, DFW Airport, TX 75261
Also located at DFW International Airport, you will find Dylan's Candy Bar, a fun, colorful candy shop that's perfect for finding all of the stocking stuffers you need for the younger members of your holiday shopping list. If you're looking for a larger gift, Dylan's Candy Bar also offers a diverse selection of holiday gift baskets and packages.
CocoAndre Chocolatier – 508 W 7th St., Dallas, TX 75208
Operated by Andrea Pedraza, who has more than 30 years of experience creating world-class candy, chocolate, and truffles, CocoAndre Chocolatier features high-end candy that will look great in any stocking. Go with a classic chocolate or truffle, but don't forget to try unique, delicious treats like the pistachio bark.
Searching for the perfect home where you can share holiday memories with your favorite people for years to come? We can help. Contact us today.
The crisp air of late fall makes this a particularly good time to go for a bike ride in the Dallas-Fort Worth area. And with Go For a Ride Day coming right up on Sunday, November 22, our real estate agents are excited to share some of our favorite bike trails in the DFW.
Contact us today to learn more about life in the Dallas-Fort Worth area. From wide-open spaces to vibrant cities and towns, it's an incredible place to live, and our team is always ready to help you find your dream home.
As culinary icon Julia Child so aptly stated, "A party without a cake is just a meeting." Our real estate agents happily agree that any occasion becomes even more special with a tasty, beautifully-made cake. Add the icing on top of your next event when you order a custom cake from one of these top bakeries around the DFW.
What cake will you choose to celebrate your new home in the DFW? Contact us for help with all your local real estate needs.
Let's be honest — we could all use a glass of wine these days. Thankfully, we don't have to venture far for the vino. Our real estate agents heard through the grapevine that there are plenty of places in the DFW to grab a glass, a bottle, or a carafe of wine at a moment's notice. If you're searching for a new favorite for your wine cellar or just want to sample some unique flavors, we encourage you to enjoy a wine tasting at one of these six local hot-spots.
Are you searching for a home where you can host your own wine tastings? We can help! Contact us today to tour our great Dallas homes for sale.
Love geocaching, or simply experiencing local parks? Then you'll really love living in the Dallas-Fort Worth area, where there are countless parks to explore while you search for hidden treasure. Whether you're in the heart of downtown, on the edge of the city, or in the suburbs, you'll find parks of all shapes and sizes around DFW. Our real estate agents are here to help you start your journey, with our guide to six great DFW area parks where you can hunt for geocaching treasure.
Trinity Skyline Trail – 3700 Sylvan Ave., Dallas, TX 75207
Running along the Trinity River, the Trinity Skyline Trail is the perfect place to do some treasure hunting in downtown Dallas. The Trinity Skyline Trail can be found near the Continental Avenue Bridge and features 5 miles of waterfront scenery where you can search for treasure. This wheel-chair accessible trail is paved with concrete, which also makes it an ideal spot for a bike ride or some inline skating.
Trinity River Trail Fort Worth Branch – 3600 Sansom Park Dr., Fort Worth, TX 76106
You won't have to travel far from Fort Worth homes for sale to hunt for treasure, with the long, winding Trinity River Trail located just a short trip from your front door. This trail is part of the larger Trinity River Trails Network, which includes more than 40 miles of trails around Fort Worth and beyond. Along the trail, you'll find botanical gardens, the historic Fort Worth Stockyards, local parks, and hopefully some great geocaching treasure.
Fish Creek Trail – 400 Cravens Park Dr., Arlington, TX 76018
The Fish Creek Trail, with an entry point at Cravens Park, is a great place for a quick geocaching trip near Arlington homes for sale. This trail stretches for just over 6 miles, beginning at the park and ending near Sheffield Drive. Cravens Park also features its own series of trails, along with extensive athletic fields.
Campion Trail – N. MacArthur Blvd. and W. Hunter Ferrell Rd., Irving, TX 75060
With more than 16 miles of trails that run through both natural and urban areas, the Campion Trail offers a little bit of everything close to Irving homes for sale. Enjoy beautiful waterfront views, rolling meadows, local wildlife, and a huge variety of flowers as you explore this trail that winds all through Irving.
C. Shane Wilbanks Trail – 2520 Oak Grove Loop, Grapevine, TX
Grapevine Lake is a great place for outdoor fun close to Grapevine homes for sale, and the C. Shane Wilbanks Trail connects to a number of parks that surround the lake. Search for treasure, then stop for more family fun at the playgrounds, enjoy a picnic in a comfortable pavilion, or hit the water at one of the boat ramps located around the lake.
Whether you're searching for geocaching treasure or simply going for a stroll, the parks of the DFW area offer endless outdoor entertainment for all ages. Contact us to buy and sell homes throughout the Dallas-Fort Worth, TX area.
While many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods. Being in close proximity to everything from the grocery store to local entertainment is definitely a perk, especially if you can also walk to some of these hot spots and have a short commute to work. The trade-off, however, is that highly populated cities can lack access to open space, a yard, and other desirable features. These are the kinds of things you may miss when spending a lot of time at home. When it comes to social distancing, as we've experienced recently, the newest trend seems to be around re-evaluating a once-desired city lifestyle and trading it for suburban or rural living.
George Ratiu, Senior Economist at realtor.com notes:
"With the re-opening of the economy scheduled to be cautious, the impact on consumer preferences will likely shift buying behavior…consumers are already looking for larger homes, bigger yards, access to the outdoors and more separation from neighbors. As we move into the recovery stage, these preferences will play an important role in the type of homes consumers will want to buy. They will also play a role in the coming discussions on zoning and urban planning. While higher density has been a hallmark of urban development over the past decade, the pandemic may lead to a re-thinking of space allocation."
The Harris Poll recently surveyed 2,000 Americans, and 39% of the respondents who live in urban areas indicated the COVID-19 crisis has caused them to consider moving to a less populated area.
Today, moving outside the city limits is also more feasible than ever, especially as Americans have quickly become more accustomed to – and more accepting of – remote work. According to the Pew Research Center, access to the Internet has increased significantly in rural and suburban areas, making working from home more accessible. The number of people working from home has also spiked considerably, even before the pandemic came into play this year.
If you have a home in the suburbs or a rural area, you may see an increasing number of buyers looking for a property like yours. If you're thinking of buying and don't mind a commute to work for the well-being of your family, you may want to consider looking at homes for sale outside the city. Contact a local real estate professional today to discuss the options available in your area.
NTREIS reports 8% Down Across North Texas
While our NTREIS MLS system reports an 8% decrease in listings in April across the over 40 counties in North Texas, the popular northern suburbs of Dallas report a much higher decrease. And it is that significant decrease in listings that is causing some panic buying with buyers trying to find a home. Multiple offers in the northern suburbs are common. Not at all common in other parts of the DFW area.
Below is the actual decrease in listings in April from one year prior for each suburb:
Local real estate agents sold 9 percent fewer homes in December than they did a year earlier — the fifth month in a row of year-over-year declines in home purchases. Last month 7,786 homes were sold through the agents' multiple listing service, according to data from the Real Estate Center at Texas A&M University and the North Texas Real Estate Information System. Last year's slight decline in home purchases in the area followed almost eight years of increases. "It's still the second-best year ever," said Dr. James Gaines, chief economist with the Real Estate Center. "The whole state is reverting to a more normal market. "We've been going really, really strong for years, and ultimately that slows down." Higher mortgage rates and record home prices in the Dallas-Fort Worth area have caused some prospective buyers to pull back from the market.
The number of homes for sale in the almost two dozen North Texas counties included in the report was 22 percent higher than a year earlier, with more than 21,000 preowned single-family homes listed for sale with real estate agents. On average it took 57 days to sell a property -- 8 percent longer than a year earlier. Even with the increase in inventory, there was only about a 2.4-month supply of houses listed for sale in the area at the end of December.
The Christmas season is upon us, which means that holiday shopping is in full swing. For people who are new to the area or are in town to see our real estate agents about buying a Dallas-Fort Worth area home, finding out where to go for the best shopping experience is essential. To give those new or potential residents a head start, here are five holiday shopping destinations in Dallas-Fort Worth:
Contact us at RE/MAX DFW Associates when you're shopping for real estate in the Dallas-Forth Worth area.
Is the housing boom running out of gas? During the last few years, the home market has been on a tear in North Texas and in other parts of the country, with prices soaring and buyers lining up as soon as a sign hits the front yard. But there are growing signs that the fast-paced housing market is shifting gears, with a decline in sales in many markets and smaller price increases. In July, U.S. preowned home sales fell from a year ago for the fifth month in a row. And nationwide new home sales were down almost 2 percent in July, causing analysts at IHS Markit to question if the bull home market has turned bearish. "The economy is strong. Labor markets are solid. Yet, new home sales and single-family housing starts and permits have stalled. How can this be?" said Patrick Newport, executive director of the U.S. economics team at IHS.
Newport said rising home prices and higher mortgage rates have cooled the ardor for home buying. "This has choked off demand," he said. A slowdown in immigration and household formation could also be factors, Newport theorizes. In North Texas, year-over-year preowned home sales have fallen in many neighborhoods, and for the entire region, year-to-date sales were up a measly 2 percent as of July. At the same time, the double-digit percentage home price gains of the last few years have faded in Dallas-Fort Worth. Through the first seven months of 2018, median home sales prices were up only 6 percent from the same period last year, according to sales data from real estate agents.
Property agents say that some first-time buyers have given up after losing out to other buyers or all-cash investors who snapped up affordable homes. At midyear, the number of prospective U.S. homebuyers who said they planned to make a purchase in the next 12 months fell to just 14 percent — down from 24 percent in fourth quarter of 2017, according to the National Association of Home Builders. That's still another sign that the home market — while not in a traditional bubble — may be headed for slower sales in the year ahead. "It's clear that the winds that have boosted sellers over the past few years are ever-so-slightly starting to shift," said Zillow senior economist Aaron Terrazas.
If you're considering a relocation to North Texas, you must check out Fort Worth homes for sale. Whether you prefer a luxurious showplace or a stylish starter bungalow, our REALTORS® can find a home that matches your style.
When you visit Fort Worth Texas, spend some time getting to know our thriving metroplex. You'll find all the art, culture, dining, and exciting entertainment you'd expect of a world-class city. If you stretch your visit into the weekend, you can also experience the fast-paced thrills of NASCAR racing.
Since 1996, NASCAR fans have electrified the intersection of 35 West and Highway 114. The location was chosen for its easy highway access, and the fans show up by the thousands.
The Speedway hosts a yearlong schedule that includes Formula Drift, Legends Racing, the Camping World Truck Series, and special events including benefits for Texas Motor Speedway Children's Charities. In November, this versatile venue will host the 2018 Red Bull Air Race Championship.
The Speedway's track, grandstand, and other structures fill a 1,500-acre space. The main course is 1.5 miles with an 800 feet long pit road. The Lil' Texas Motor Speedway track which hosts US Legends Car Racing is 1/5 mile long. There's also a .4 mile clay surface track. The Speedway has a 181,655 fan seating capacity, including luxury and Victory Lane Club suites.
You have several online ticket-buying options: individual tickets, NASCAR 3-ticket Playoff Packs, and create your ticket packages with preferred upgrades. Upgrades include reserved parking, Raceday University, Infield Access, Weekend Pit Pass, and more. You can also schedule a Driver Appearance using the Texas Motor Speedway app.
There are 24 concession buildings, 23 souvenir buildings 1,656 ladies restrooms, and 843 guy's restrooms on-site to keep fans happy, well fed and comfortable. Mobile medical teams are available to assist sick or injured fans.
The Speedway checklist recommends a list of items to bring along. It includes outdoor accessories such as a hat, camera, and sunglasses. It also suggests a few not-so-obvious items such as earplugs (because it gets loud) and cash (so your beer purchases don't show up on your bank statement.)
Most Speedway parking is free. Trams and shuttles loop the Lone Star Circle providing free pick ups and drop offs to and from the raceway. There is 300 paved bus parking spots and handicap parking available in the Express, Crystal, and Speedway Club lots. Paid reserved VIP parking gives you easier access to the track.
There are plenty of hotels in the Fort Worth Texas area, but if you don't mind roughing it a little, you can camp out at the Speedway. There are 6,751 reserved camping spaces available. These include a tent camping area, a VIP area, and a family area. During April and November events there are also 1,799 unreserved camping spaces available.
The family camping section is fenced-in and has 24-hr security. The VIP lot has 24-hr security, paved lots, electrical hookups, and other amenities. RV drivers can set up camp in Burnout Alley.
The Speedway Ministries hold devotionals each race day and a worship service each Sunday. Chaplains are available for crisis intervention and RMTMS volunteers assist fans with on-site and off-site services.
Let us tell you all the reasons why Fort Worth, Texas is a great place to live, work, and play. Contact us when you're buying or selling a home in the DFW real estate area.
A beautiful oasis in the heart of Downtown Fort Worth, the Fort Worth Water Gardens are truly a place like no other. Whether you're a long-time local or just visiting the city to check out Fort Worth homes for sale, the Water Gardens are one of the greatest must-see attractions in Fort Worth.
Built in 1974, the Fort Worth Water Gardens were designed by the acclaimed American Architect Philip Johnson, and drew immediate acclaim for their unique blend of futuristic architecture and natural elements. To this day, the gardens are an architectural and engineering marvel that must be experienced firsthand.
You can explore a variety of water features as you stroll through this fascinating urban park, including three pools that are as different as they are beautiful.
Drawing visitors from all over the world, the Fort Worth Water Gardens could almost be seen as a symbol for how much Fort Worth has progressed over the years. The area that the Water Gardens now cover was once one of the most notorious red light districts in Texas, a stretch of saloons, brothels and gambling halls that earned the nickname, "Hell's Half Acre."
Today, the Fort Worth Water Gardens encompass about 4.3 acres in the heart of Fort Worth's revitalized downtown. It's within walking distance of dozens of great shops, bars and eateries and just footsteps away from landmarks like Saint Patrick Cathedral and the Fort Worth Convention Center.
Contact RE/MAX DFW Associates today to learn more about all the great attractions in Fort Worth, TX. Our real estate agents are here to help you find the perfect home in this unique city.
by Seth Fowler
(This article appeared in Candy's Dirt. It is specific to the Ft Worth side of the Metroplex, but the facts are the same for all of North Texas.)
Some will agree, and some won't, but data doesn't lie — we are heading into a real estate slowdown.
First of all…R-E-L-A-X. No, we are not heading toward a recession. No, the housing market isn't crumbling. No, it's not time to sell your home, stock up on canned beans, ammo, and get off the grid. But the real estate market is changing … dare we call it a slowdown?
How Can You Say It's a Slowdown?
How can I say this? We are in the midst of an historical real estate boom like we've never seen before and everything we hear and read says the market is hot, hotter, hottest! Please hear me: the Dallas/Fort Worth Metroplex is still by far the absolute best place in the world to live, work, play, and own real estate. The daily, weekly, monthly growth that is happening to this part of the state is still out of this world.
But the market is experiencing a slowdown. Interest rates are rising . Municipalities are getting more and more greedy with property taxes. Home values are increasing at a rapid pace. New home construction is increasingly expensive and not meeting demand. Wages aren't increasing as quickly as prices and that's causing a slowdown in the real estate market.
In Part One we will look at those factors and how they combine to cause this slowdown. In Part Two next week, we will discuss whether or not an actual slowdown in the real estate market is a good thing, a precursor to doom-and-gloom (again, R-E-L-A-X), and what it means for buyers and sellers in this brave new world.
Just The Facts Ma'am
According to the Fort Worth Housing Report distributed by the Greater Fort Worth Association of Realtors, the median sales price of homes is going up, up, and up. Up 9.7 percent from February 2017 to 2018 at $214,000. Up 9.3 percent from March 2017 to 2018 at $219,750. Up 7.3 percent from April 2017 to 2018 at $220,000. We see that the overall price continues to increase, but the percentage from year-to-year is falling a little bit. Across the country home prices increased 8.7 percent over the past year according to a recent Zillow report. Increases like this simply are not sustainable in the long run for a stable economy. While sellers enjoy their large return on their investment, fewer and fewer buyers are able or willing to pay these steep increases.
Active Listings And Days on Market
From same reports active listings were up 3.4 percent from February 2017 to 2018 at 1,668 homes. Up 6.4 percent from March 2017 to 2018 at 1,851. Up 17.1 percent from April 2017 to 2018 at 2,105. The more listings the better right? Well, yes and no is the answer. Yes more listings on the market the better for buyers. But that's only if they are good listings that are priced correctly. Days on market has also increased. Homes sat for one day longer in February 2018 than 2017 at 43 days. Seven days longer in March 2018 than 2017 at 44 days. Seven days longer in April 2018 than 2017 at 37 days.
No — not time to panic — but numbers don't lie. Buyers are gaining some control.
Word on The Street
While considering this article over the past month or more, I have talked to many agents, lenders, and title company officers in the D/FW area and 100 percent of them have mentioned how it appears that the buyers are finally pushing back at the skyrocketing prices. Sellers have been in control for a number of years when it comes to asking price. Depending on the range, sellers have tended toward higher asking prices and buyers have very little recourse. If a buyer wants a house then they'll meet asking price … or go higher. As inventory increases (albeit slightly) we are seeing buyers be a little pickier and price conscious. It's not as if buyers are offering 50 cents on the dollar, but more than ever in the past year we are seeing lower offers as homes sit longer on the market. Of course there are variables like price range and location and condition of homes — I know that — so these stats might not apply for all homes universally.
We have been living in the longest real estate boom in the history of ever. It's not going away, it's just not booming like it was, and I contest that it will not boom like that again. A slowdown is happening and will continue to happen. While this might cause panic for some, it could also be just what our overall economy needs — balance. Come back next week and see what else I have to say. If you disagree with this article — or if you agree — hit me up, let me know, I'd love to hear YOUR perspective.
Well that's all from Tarrant County this week Dirty Readers. Thanks for reading and following and sharing! As always, if you have questions, comments or great ideas for a blog … hit me up!
Seth Fowler is a licensed Real Estate Sales Professional for Williams Trew Real Estate in Fort Worth, TX. Statements and opinions are his and his alone. Seth has been involved with the home sales and real estate industry in the Fort Worth area since 2004. He and his family have lived in the area for over 15 years. Seth also loves bowties! You can reach Seth at: 817.980.6636 or email@example.com.
A new look at the prices sellers are asking for their homes is another sign of a shift in the North Texas housing market. Dallas-Fort Worth made it onto a list of 10 major cities that are seeing declines or just tiny increases in the asking prices for houses up for sale.
Researchers at property market firm Trulia compared major home market to see where list prices for homes were rising and where they were falling. All four of Texas' major home markets made the ranks of places where home value increases are stalling. That's obviously nowhere near the double-digit percentage annual home price gains North Texas recently saw. Trulia estimates that the median price of homes up for sale in D-FW was $356,999 in March. In March, homes listed for sale in North Texas traded for 98 percent of what they were listed for, according to local real estate data. Trulia's report that D-FW sellers aren't jacking up their asking prices as quickly this year is another indication that the home market dynamic is changing in the area.