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Affording a comfortable mortgage in Dallas: What homebuyers need to know
The dream of owning a home is becoming more elusive in North Texas, with buyers needing to earn an income of at least $121,398 to afford a mortgage comfortably.
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What will the North Texas housing market look like in 2024?
Will 2024 be a good year to buy a house? Experts say for more people the conditions will be better than 2023, and Austin and DFW will be the hottest housing markets in the country. According to the National Association of Realtors both have a lot of pent up demand and are expected to recover faster. One of the nation’s...
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‘Home sales will inevitably rise': National economist shares predictions for North Texas housing market in 2024
Will 2024 be a good year to buy a home? That’s a question on the minds of many prospective home buyers after 2023 brought the highest mortgage rates in 20 years and low housing inventory.
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North Texas homebuyer gets incredibly low interest rate
A recent social media post from a North Texas real estate agent got the attention of our NBC 5 Responds team. A new homebuyer closed on a house just before the new year with a three percent interest rate. Average 30-year fixed rates are closer to seven percent these days. How did the buyer do it? Diana Zoga has their answer.
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How a North Texas family just closed on a home with a 3 percent interest rate
A recent social media post from a North Texas real estate agent got the attention of our NBC 5 Responds team. A new home buyer closed on a house just before the new year, financing it with an interest rate of three percent.
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As mortgage rates drop, 2024 looks promising for hopeful homebuyers
Experts warn that as rates drop, competition may increase in North Texas for existing homes for sale in an already hot real estate market.
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Experts weigh in on housing forecast for 2024
NBC 5’s Alanna Quillen tells us what this year is expected to be like for those looking to buy homes.
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North Texas builders are encouraged and cautious
Local builders welcome an upward trend in new home sales but also say they’re still challenged to keep up with demand.
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North Texas builders are encouraged and cautious
Local builders welcome an upward trend in new home sales but also say they’re still challenged to keep up with demand.
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Dallas Homeowner Affordability Declines in New Study
Dallas home ownership affordability declined in a new study from RealtyHop.com.
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Home Appraisal Notices Begin to Go Out Prompting Some to Protest
Home appraisal notices are going out and many people are stunned by the numbers they’re seeing. Property values are up, and so are taxes. Alicia Barrera has more.
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The Best Time to Sell Your DFW Home is Approaching Fast, Report Says
The busiest time of the year for home selling is almost here, and homeowners looking for the best possible deals may want to get their houses on the market very soon.
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Impact of Drop in Pending Home Sales
Rising interest rates continue putting a damper on the hot housing market. The National Association of Realtors released new numbers this week showing every region in the country saw a drop in pending home sales last month. The incoming president for the Collin County Association of Realtors explained how the trend is impacting North Texas.
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How the Latest Inflation Rate Hike Is Hitting Local Home Market
North Texans looking to buy or sell a home are having to navigate a cooling housing market paired with the recent Federal Reserve interest rate increase.