Real Estate Market News
By Mark JohnsonCo-Founder of CoRecruit, former CEO of JPAR – Real Estate The founder and creator of this site recently asked me if the news that CoStar was in the works to acquire Move from Rupert Murdoch was a big deal. My answer was “Yes!” The rumor on the street is that the…
The number of Texas homes that sold for $1 million or higher from November 2021 to October 2022 increased 17 percent compared to the previous year, according to the 2022 Sales of Million-Dollar Homes in Texas Report released today by Texas Realtors using data from the Texas Real Estate Research Center at Texas A&M University. The annual report showed 13,998 total sales of homes priced at…
At first glance, a headline pronouncing that the “hottest housing markets” don’t include any Texas cities could drive house hunters to dream of a white Christmas up north or on the East Coast. Dallas-Fort Worth was not among the top 10 metro housing markets for October. In fact, no Texas city showed up in the…
Is buyer demand waning? According to the latest data from ShowingTime, fewer buyers are showing up to tour properties on the market. Buyer competition for listings was slightly subdued in April as 103 markets across the country recorded double-digit showings per listing, compared to 146 in April 2021 and 121 in March of 2022. Overall,…
Not too long ago, an uprooted Californian wrote an op-ed that grew legs and went Business Insider viral on how awful the climate (and more) in Texas is. The chap had moved to Austin. He wrote it was damp, buggy, hot, and everything was always wet. He also didn’t like the drivers, schools, housing prices,…
