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The Dallas-Fort Worth homebuilding industry has arguably had one of the best outcomes of the COVID-19 pandemic. Last year through February, before the pandemic began, the housing market was functioning steadily—partially due to a healthy job market in DFW. As 2020 progressed, historically low interest rates and high demand, particularly from millennials and first-time buyers,…

For the first time since 2009, homes sold faster than the preceding summer peak season in October, according to the RE/MAX National Housing Report. Across 52 markets nationally, the average number of days from listing to contract was 38, making October the fastest paced month in the report’s 13-years of operation.  The Dallas-Fort Worth Housing Market continued to see an increase in…

For the last several years, more and more individuals and companies are migrating to Texas, specifically Dallas and Austin. In 2019, over a million people left California; of those million, 150,000 migrated to Texas. Dallas is quickly turning into one of the most attractive places to live—with booming suburbs, high residential starts, no state income taxes, etc. One of the key…

The Dallas-Fort Worth Housing market continues to show growth amid the economic impact of Covid-19; overall, new home sales are high, even though inventory is low and new home prices are falling. Year-to-date, August 2020 saw an increase in residential construction starts of 4 percent. Furthermore, new home sales from July 2020 to August 2020…