Dallas Real Estate News
Dallas
Despite Rising Rates, Texas Mortgage Industry Expresses Improving Outlook
According to the latest Texas Residential Mortgage Survey, despite higher interest rates, Texas' residential mortgage industry expressed an improved outlook in July 2023. The bright spot for current conditions was the stable increase in pre-approved customers looking for homes.
Apartment Markets Across America Continue to Stabilize in 2023
According to CBRE's latest research, the U.S. multifamily market showed signs of stabilization in the second quarter of 2023 with a rebound in absorption and modest uptick in vacancy.
As Summer Travel Season Winds Down, U.S. Gas Prices Rise Again
With summer vacation season winding down in August, the national average for a gallon of gas awoke from a months-long slumber, surging 13 cents in the last week of July to $3.71, says AAA.
Just One Percent of Homes Have Changed Hands This Year in the U.S.
Based on new data from Redfin, roughly 14 of every 1,000 U.S. homes changed hands during the first six months of 2023.That's down from 19 of every 1,000 during the same period of 2019 and the lowest turnover rate in at least a decade.
