DFW's Weekly Real Estate Update: Recent Episodes
Jennifer Shannon, Broker
This is the podcast for anyone interested in the Dallas-Fort Worth real estate market. Each Friday we condense market data and highlights from the news into an easily understandable five-minute podcast. It’s quick and incredibly informative with no fluff. Subscribe today and get episodes delivered straight to your podcast feed.
Brought to you by Jennifer Shannon, Broker Associate at Keller Williams Realty in Rockwall.
In this month’s real estate market update, I'm talking about the growth we’ve seen in the DFW metroplex, including the fact we are home to two of the fastest-growing counties in the nation, and what this means for our local market.
I'll hit on the current hot topic of real estate commissions. (And also give an interesting little history lesson on how buyers agents came to be.)
Then, as always, I’ll hit on the real estate market performance for DFW.
Thinking of buying or selling a home?You can reach out directly to get started:WEB - getstarted.thecrestedgegroup.comEMAIL - jshannon@kw.com PHONE/TEXT - 214-803-4444Or schedule an initial Zoom meeting: https://tidycal.com/crestedge/selling-consultJennifer Shannon is a licensed real estate agent and broker associate with The Crestedge Group at Keller Williams. Licensed in Texas since 2006. License no.0550951www.TheCrestedgeGroup.comInformation in this video is subject to change. All information is deemed reliable but is not guaranteed.
Here's the Dallas Housing Market Update for February 2024. In this housing market update, we'll talk about how CPI data is making life difficult and I'll let you know if my January housing market predictions for Dallas came true. I also reveal some of the major Dallas sub-markets where homes saw a 20% or greater year-over-year median sales price growth. See that map here: https://www.google.com/maps/d/u/1/edit?mid=1U0FeIujqRk_pUWWJuxnLlHiOZlVKY5c&usp=sharingAs always, I will give you the market update on what happened for real estate in January as we start 2024.Thinking of buying or selling a home in the Dallas-Fort Worth Metroplex? My team and I would love to help! Email me at jshannon@kw.com to get started or start with a text to 214-803-4444. Schedule a Zoom call: https://tidycal.com/crestedge/ytbuyerconsultData provided by North Texas Real Estate Information Systems, Inc. Information is deemed reliable but is not guaranteed and is subject to change.Jennifer Shannon is a licensed real estate agent and broker associate with Keller Williams. Licensed since 2006. License no.0550951
In this episode I give my answer to the big question Realtors, buyers, and sellers are asking: Will the Dallas Housing Market be better in 2024 than it was in 2023?
I’ll explain why we’ve seen rates go up when everyone predicted they’d go down, (along with when we might see them go down again).
I’ll tell you about Fannie Mae’s surprising interest rate prediction along with a look at how Dallas-Fort Worth compares to the nation when it comes to affordability.
As always, I will give you the market update on what happened for real estate in December as we closed out 2023.
Thinking of buying or selling a home in the Dallas-Fort Worth Metroplex? My team and I would love to help! Email me at jshannon@kw.com to get started or start with a text to 214-803-4444.
In this video I'm jumping into my 2024 housing market predictions where I'll cover:When will we see mortgage rates drop in 2024?What will the housing market demand be in 2024?What will we see with housing market inventory in 2024?Which direction will prices go in 2024?Ready to get started on your home sale or purchase?Reach out to me at:214-803-4444JShannon@KW.comor visit jennifer-shannon.com/get-started
In this month's Dallas real estate market update, we’re talking about what’s going on with some proposed legislation and whether or not institutional investors are about to flood the market and dump their inventory. And I don’t know if you noticed, but interest rates are dropping. Is this just a seasonal blip on the radar or will we continue to see improvement in 2024?Then I’ll get to the monthly market numbers for DFW.Links mentioned:www.CrazyRealEstateMarket.comReady to get started on your home sale or purchase?Reach out to me at:214-803-4444JShannon@KW.com
In this month's Dallas real estate market update, we’re talking about the rapidly growing inventory of new builds and what that could mean for the resale market.As always, I'll hit on the monthly real estate market numbers for Dallas and show how they compare to last month and last year.Links mentioned:www.CrazyRealEstateMarket.comReady to get started on your home sale or purchase?Reach out to me at:214-803-4444JShannon@KW.com
Today's episode is all about the ways buyers are leveraging current market conditions and getting a reduced mortgage rate when buying a home.We'll talk about:Mortgage rate buy-downsBuilder mortgage rate incentivesAssumable mortgages
www.crazyrealestatemarket.com
Here’s what we’re talking about in this month's Dallas Housing Market Update for October 2023:We’re talking about Fannie Mae's National Housing Survey saying the majority of consumers now cite mortgage rates as the reason they think it’s a bad time to buy a home, not the home price. So I’ll let you in on three ways people are able to get below-market interest rates right now.Second, we’re going to talk about the luxury real estate market that is showing some interesting numbers.And, of course, we’ll hit on the monthly market numbers for DFW.In this video I reference a list of home sellers who are offering some sort of an interest rate buydown. If you want to get a copy of that exclusive list, go to crazyrealestatemarket.com and you’ll see a bright yellow box with a form to let us know where to send that list. And if you tell us a little about the house you’re looking for and the areas where you’re looking to buy, we can tailor the list to fit your search criteria.If you have any real estate plans for the next 12-24 months, let’s schedule a no-obligation strategy session to explore the opportunities of buying or selling in today’s market. You might be surprised at some of the opportunities available.Simply go to CrazyRealEstateMarket.com or you can reach me by phone or text at 214-803-4444 or start with an email to jshannon@kw.com.
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.
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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: jshannon@kw.com
👨💻 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/
The latest Mortgage Bankers Association weekly survey of mortgage applications: https://www.mba.org/2020-press-releases/february/mortgage-applications-increase-in-latest-mba-weekly-survey
Press Release on the Decrease in Mortgage Credit Availability: https://www.mba.org/2020-press-releases/february/mortgage-credit-availability-decreased-in-january
The Texas Real Estate Center at Texas A&M University Texas Housing Insight Report: https://www.recenter.tamu.edu/articles/technical-report/Texas-Housing-Insight
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
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
The National Association of Home Builders' Wells Fargo Housing Market Index: http://eyeonhousing.org/2020/01/builder-confidence-begins-year-strong-as-single-family-growth-continues/
Comparing DFW's end-of-year sales information for 2019 to 2018.
Transcript and show notes: https://www.crestedgerealestate.com/13.html
This week we take a look at:
Freddie Mac Primary Mortgage Market Survey®: http://bit.ly/2ta69Cr
Mortgage Bankers Association Press Release on mortgage applications: http://bit.ly/2QGUfbX
Case-Shiller Home Price Index: http://bit.ly/2QJFDZz
Federal Reserve Bank of Dallas Monthly Economic Indicators Report: http://bit.ly/2TdYLjW
Transcript and Show Notes: https://www.crestedgerealestate.com/12.html
This week we take a look at:
Freddie Mac Primary Mortgage Market Survey®: http://www.freddiemac.com/pmms/
Mortgage Bankers Association press release on mortgage applications: https://www.mba.org/2019-press-releases/december/mortgage-applications-decrease-in-latest-mba-weekly-survey-x261714
November Single-Family sales stats and how this year-to-date compares to this same time last year: http://www.mymetrotex.com/wp-content/uploads/2019/12/NTREIS201911.pdf
Transcript and show notes: https://www.crestedgerealestate.com/11.html
This week we take a look at:
Freddie Mac Primary Mortgage Market Survey®: http://www.freddiemac.com/pmms/
Mortgage Bankers Association Press Release on mortgage applications: https://www.mba.org/2019-press-releases/december/mortgage-applications-increase-in-latest-mba-weekly-survey
CoreLogic's Homeowner Equity Report: https://www.corelogic.com/insights/homeowner-equity-report.aspx
National Association of Realtors Housing 2020 Forecast: https://www.realtor.com/research/2020-national-housing-forecast/
Show notes and link to a transcript can be found at https://www.crestedgerealestate.com/10.html
This week we take a look at:
Freddie Mac Primary Mortgage Market Survey®: LINK
Freddie Mac's Housing Market Forecast: LINK
Mortgage Bankers Association Press Release on mortgage applications: LINK
Mortgage Bankers Association Press Release on Credit Availability: LINK
Dallas FED Economic Indicators: LINK
Transcript and show notes: LINK
This week we take a look at:
Freddie Mac Primary Mortgage Market Survey®: LINK
Mortgage Bankers Association Press Release on mortgage applications: LINK
Mortgage Bankers Association Press Release on New Home mortgage applications: LINK
Existing Home Sales Press Release: LINK
DFW Market Stats: LINK
This week we take a look at information from:
Freddie Mac Primary Mortgage Market Survey®
Mortgage Bankers Association Press Release on mortgage applications
Mortgage Bankers Association Press Release on mortgage delinquencies
Federal Reserve Bank of New York Press Release on household debt
Testimony from Jerome Powell, Chair of the Federal Reserve
DFW Market Stats
This week we take a look at:
- Current interest rates
- Mortgage forecasts for 2020
- How the China tariff dispute affects real estate
- Freddie Mac's forecast for 2020
- The latest Case-Shiller Home Price Indicies
- DFW October market stats
Show notes, links to sources cited in this episode and a transcript can be found at https://www.crestedgerealestate.com/6.html
This week we take a look at:
- Interest rates from Freddie Mac
- Mortgage application data from the Mortgage Banker's Association
- Texas housing news from the Texas Realtors' Texas Quarterly Housing Report that was released this week
- Pending home sales data from the National Association of Realtors
This week we take a look at data from the following sources:
Mortgage Bankers Association to get insight into the number of loan applications.
Freddie Mac's Primary Mortgage Market Survey for current interest rates.
North Texas Real Estate Information Systems home sales data and the hottest areas in DFW.
Show notes, links to sources cited in the podcast and more can be found at https://www.crestedgerealestate.com/4.html
This week we take a look at data from the following sources:
Mortgage Bankers Association to get insight into the number of loan applications.
Freddie Mac's Primary Mortgage Market Survey for current interest rates.
A study conducted by WalletHub on the fastest growing cities.
North Texas Real Estate Information Systems home sales data.
Show notes, links to sources cited in the podcast and more can be found at https://www.crestedgerealestate.com/3.html
This week we take a look at data from the following sources:
Mortgage Bankers Association to get insight into the number of loan applications.
Freddie Mac's Primary Mortgage Market Survey for current interest rates.
The Dallas Morning News for information on builder home starts.
The Real Estate Center at Texas A&M University for statewide new construction data.
North Texas Real Estate Information Systems single-family home sales data.
Show notes, links to sources cited in the podcast and more can be found at https://www.crestedgerealestate.com/2.html
This week we take a look at data from the following sources:
- Case-Shiller Dallas Home Price Index to see what's happening with the value of the existing single-family housing supply.
- Experian First Mortgage Default Index to find out the rate people are defaulting on their mortgage.
- Mortgage Bankers Association to get insight on refinancing trends.
- Freddie Mac's Primary Mortgage Market Survey for current interest rates.
- North Texas Real Estate Information Systems single-family home sales data.
Show notes, links to sources cited in the podcast and more can be found at https://www.crestedgerealestate.com/1.html