Dallas Real Estate Blog

         I'm the type of Dallas Real Estate Agent and Dallas REALTOR® that tries my best to do it all.  I give you amazing Real Estate Services when buying and selling your home, keep you updated on all your Market Real Estate News, and I blog!  Yes, I said blog!  I spend countless hours searching the internet, news, and social media outlets to find some of the best information for you.  I also like to talk about what is going on in the Local Dallas Real Estate Market.  When dealing with home buyers and home sellers there is always a lot of first hand experience to talk about.  Every day is something new. 

        As a Top Dallas REALTOR® it's my job to keep everyone informed on everything that is going on in Dallas Real Estate!  Read some of my real estate blogs and contact me about any of your real estate needs.  Also, email me about any topics you would like for me to blog about.  I hope you find some good information that helps you on your real estate journey.  At Coldwell Banker Residential Brokerage Residential we can do it all!

The State Of The Dallas Real Estate Market Is Not Red Hot But It Could Be Warming Up!
By Alex
July 5, 2019

        The Dallas Real Estate Market is still not as hot as it use to be, but it might be getting warmer says Market Experts!  Zillow says the market is "cool" right now.  Projections for increased home values will be about half of last year.  Which is still good compared to national average home values!

        Over the past 10 years, Dallas home values have gone up 16%.  Right now in DFW the average home value is $254,300.  That is a huge jump from this time in 2011 which was $150,000.  Keep in mind that 2011 was only a few years after the Real Estate Market Crash.  

        Dallas jobs market is one of our main economic drivers.  Adding more then 102,500 new jobs in Dallas in 2018.  This is great for any Dallas REALTOR working in relocatioin.  Which is always a good thing because all of those bodies need a place to live.  About a third of all of those people will need a home.  Either because they are relocating, first time home buyers, or upgrading to a second home.

        Also, mortgage rates are being lowered.  They are down almost 1% from last year, and the FED is talking about making a few more rate cuts.  This lowering affect buyers and sellers feeling confident about entering the housing market instead of sitting on the sideline.

        This "cool down" on the market is showing signs of warming up after a slow beginning of the year.  Call me for all your buying and selling needs!

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