DFW's Weekly Real Estate Update

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

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