In this month's Dallas Real Estate Market Update we talk about sales numbers from February and I give you some things to think about if you're on the fence about buying and/or selling.  

It’s a new year and a new Dallas housing market. The big speculation is that we’re going to have a recession in 2023.  Maybe we will. Maybe we won’t.  So what will happen to the Dallas Housing Market if we do go into a recession? And on the other hand, what will happen to the real estate market if we don’t.   Now those are some great questions that I will answer in this podcast.

And, as always, I will give you the market update on what actually happened for real estate in the month of December as we closed out 2022.    

We have so many people contacting us who are moving here to Dallas-Fort Worth Texas and we ABSOLUTELY love it! If you are moving or relocating here to the Dallas-Fort Worth area, we can make that transition so much easier for you. Contact me directly at: 

Jennifer Shannon 

📲 Call/Text at 214-803-4444 

📧 Email: [email protected] 

👨‍💻 https://www.jennifer-shannon.com/living-in-dallas-fort-worth

For this Dallas Housing Market Update November 2022 we're talking about the latest headlines about the housing market.  

Headlines like, “Collapse in Dallas-Fort Worth home sales worse than Great Recession,” or this one that the “average new home price in Dallas-Fort Worth down by $10,000.”  They’re headlines to get you to click and it’s working. 

This month I’m looking at the actual numbers and not the headlines so you can see what’s really happening in our local market right now and I’m going to compare these stats to our pre-covid era market so you can see if this price drop is or isn’t typical.

For more market data, visit >> https://www.jennifer-shannon.com/dfwhousingmarket

To list your house with us, visit >> https://www.jennifer-shannon.com/list-with-us

To get started on your home purchase, visit >> https://www.jennifer-shannon.com/buy-my-home

Podcast Produced by Jennifer Shannon, Realtor and Broker Associate at Keller Williams.

Hosted by Jennifer Shannon, Realtor and Broker Associate with Keller Williams Realty.

This week talk about Covid-19 and how it's affecting real estate.

Episode Sources:

Interest Rates: http://www.freddiemac.com/pmms/

Mortgage Applications: https://www.mba.org/2020-press-releases/march/mortgage-applications-decrease-in-latest-mba-weekly-survey

NAR's Existing-Home Sales Report: https://www.nar.realtor/newsroom/existing-home-sales-jump-6-5-in-february

DFW's February Monthly Indicators Report: http://www.ntreis.net/documents/NTREISSTATS_173202011217.pdf

This week we cover:

Interest rates

Mortgage Applications

Coronavirus' affect on New Construction

CoreLogic's Home Price Insights Report

Case-Shiller's Dallas Home Price Index

For any questions or feedback on this podcast, you can contact me on my website, Jennifer-Shannon.com. Show notes, links to sources cited in this episode and a transcript can be found at Jennifer-Shannon.com/19.

Hosted by Jennifer Shannon

Texas Real Estate Broker License #0550951

This week we take a look at:

Interest Rates: http://www.freddiemac.com/pmms/

What the FED is doing about rates as a result of the Coronavirus: https://www.nytimes.com/2020/02/25/business/economy/fed-coronavirus-economy.html

Mortgage Applications: https://www.mba.org/audience/residential-mortgage-professionals/independent-mortgage-banks-financing-the-american-dream?utm_source=Website&utm_medium=HP%20Carousel&utm_campaign=IMB%20Paper%202020

NAR's Pending Home Sales Report: https://www.nar.realtor/newsroom/pending-home-sales-ascend-5-2-in-january

Numbers on the housing supply shortage: http://www.freddiemac.com/fmac-resources/research/pdf/Insight-State-Supply-Press-Release.pdf

The hottest areas on the MLS: http://www.mymetrotex.com/wp-content/uploads/2020/02/NTREIS202001.pdf

Show notes, links to sources cited in this episode and a transcript can be found at https://www.CrestEdgeRealEstate.com/18

This week we discuss:

Current Interest Rates from Freddie Mac: http://www.freddiemac.com/pmms/

The State of Luxury 2020 Report: https://magazine.realtor/daily-news/2020/02/20/2020s-hot-luxury-markets-arent-on-the-coasts

Transcript available at https://www.crestedgerealestate.com/17.html

This week we discuss:

Current Interest Rates from Freddie Mac: http://www.freddiemac.com/pmms/

This week we discuss:

Current interest rates from Freddie Mac: http://www.freddiemac.com/pmms/

The latest Mortgage Bankers Association weekly survey of mortgage applications: https://www.mba.org/2020-press-releases/january/mortgage-applications-increase-in-latest-mba-weekly-survey-x261995

The U.S. Census Bureau released their Quarterly Residential Vacancies and Homeownership report covering the fourth quarter of 2019: https://www.census.gov/housing/hvs/files/currenthvspress.pdf

The Texas Realtors’ 2020 Relocation Report https://www.texasrealestate.com/wp-content/uploads/2020RelocationReport.pdf

Transcript and show notes: https://www.crestedgerealestate.com/15.html

This week we discuss:

Current interest rates from Freddie Mac: http://www.freddiemac.com/pmms/

The national foreclosure rate: https://www.blackknightinc.com/black-knights-first-look-at-december-2019-mortgage-data/

The latest Mortgage Bankers Association weekly survey of mortgage applications: https://www.mba.org/2020-press-releases/january/mortgage-applications-decrease-in-latest-mba-weekly-survey-x261994

Dallas' new micro hotel and an anchor tenant leaving Galleria Dallas.

Transcript and show notes: https://www.crestedgerealestate.com/14.html