Dallas- Ft Worth will recover over the next six months
The end is in sight for the US housing market's troubles, according to Goldman Sachs. Strategists at the US bank said this week that easing mortgage rates are likely to help the market find a floor within six months – with prices likely to have fallen around 6% from their peak when housing bottoms out.
"The sharpest declines for the US housing market are now behind us," a team led by Goldman Sachs' chief economist Jan Hatzius said in a research note.
Low interest rates, stagnating supply and generous fiscal policies fueled something of a house price bubble in the two years after the coronavirus pandemic hit the US in March 2020. But that was followed by the Federal Reserve's most aggressive monetary tightening campaign since the 1980s, with the central bank raising interest rates from near-zero to around 4.5% last year in a bid to crush soaring inflation. That pushed up mortgage rates to multi-year highs, leading to a slowdown in housing demand.
The retreat in mortgage rates should eventually filter through into the market by making it cheaper to borrow to buy a house, which Goldman Sachs believe will eventually halt the slide in prices.
"Since reaching 20-year highs of over 7% in October, mortgage rates have fallen by a percentage point, causing our housing affordability index to recover very slightly," they said.
House prices could fall more sharply on the US west coast because there's greater excess supply than in the more crowded mid-Atlantic and Midwest regions, the strategists added.
Goldman Sachs named Austin, San Francisco, San Diego, Phoenix, and Denver as the five US cities likely to see steeper price declines of over 10% from their peaks.
"On a regional basis, we project larger declines across the Pacific Coast and Southwest regions – which have seen the largest increases in inventory on average – and more modest declines across the Mid-Atlantic and Midwest – which have maintained greater affordability over the past couple years," Hatzius' team said.
But the bank's view that the market is only set for a minor correction isn't echoed by ordinary people.
Two-thirds of Americans believe that a housing market crash is "imminent in the next three years", according to a NerdWatch survey that sought to gauge views about the current slowdown.
U.S. single-family homebuilding rebounded in December, but the increase was likely temporary as permits for future construction continued to decline amid higher mortgage rates. Single-family housing starts, which account for the bulk of homebuilding, increased 11.3% to a seasonally adjusted annual rate of 909,000 units last month, the highest level since August, the Commerce Department reported on Thursday.
The North Texas housing market is downshifting quickly, with Dallas-Fort Worth being the only U.S. market to see a decrease in home sale prices last month, according to a report released today. DFW home prices are down 1.9% year over year in July, according to the latest Re/Max National Housing Report.
And what a difference a month makes. Last month, DFW led the U.S. for home price increases, with June prices up 29.3% over the previous year. In hard numbers, home sales prices in DFW fell to $413,900 in July from $422,000 in July 2021. Homes in DFW spend an average of 23 days on the market before selling.
Higher interest rates and inflation, as well as record home prices, triggered a sharp drop in demand for housing, said Todd Luong, a realtor with Re/Max DFW Associates: "Here at our Re/Max office in Dallas-Fort Worth, our listings are currently getting on average 2.7 showings per week," Luong said. "Last year, at this same time, our listings were earning on average 5.9 showings per week. That is a huge drop in buyer demand compared to the previous year. Record home prices and higher mortgage rates have forced many potential buyers out of the market, especially first-time homebuyers."
While the latest trends may disappoint some sellers, buyers now have more choices and better opportunities for good deals, Luong said. Luong said that the DFW housing market has been challenged with low inventory for years and reached an all-time low earlier this year, with only a two-week supply. Now, however, inventory is increasing. "Although buyers have more choices now, it is still not a balanced market as we only have about a two-month housing supply," Luong said. "In a normal market, you have about a five to six-month supply of housing."
A new report from Zillow also found falling home values, although the numbers didn't match Re/Max's precisely because of different study methods and different geographic definitions of DFW as a metro area, among other reasons. According to Zillow's findings, the Dallas-Fort Worth metro area's typical home value is $396,904, down 1.1% since June, the first month of decline. Values are up 55.4% since July 2019.
Zillow also reported that the mortgage payment on a typical home in DFW is $2,633 a month, including taxes and insurance. That's up 77.4% compared to July 2019.
According to Zillow, inventory in DFW has risen 10.2% since June, and the share of listings with a price cut in July was 22%, compared to 15.6% in June. Nationwide, after two years of unprecedented growth, home values fell for the first time since 2012 as competition for houses eased, according to Zillow's July market report.
The slowdown is being driven by decreased competition among buyers. Zillow's analysis says that affordability pressures have pushed many to the sidelines, and buyers are waiting in the wings to resume their search if and when prices relax a bit. Skylar Olsen, Zillow's chief economist, called the flattening of home values "a badly needed rebalancing. This slowdown is about discouraged buyers pulling back after the affordability shock from higher rates," Olsen said. "As prices soften, many will renew their interest, and we will continue our progress back to 'normal.'"
Luong said he sees positive signs in the market. The interest rate for a 30-year fixed mortgage dropped below 5% after peaking in June. More than 290,000 new jobs were added in Dallas-Fort Worth last year, so North Texas has one of the strongest labor markets in the country. "Reasonably priced homes that are in good condition and move-in ready are still selling very fast," he said. "However, the bidding wars have subsided considerably across the board."
While higher mortgage rates have driven many buyers out of the North Texas housing market, home prices still soared in June more than in other red-hot U.S. metros. The median home price in Dallas-Fort Worth reached $426,000 in June, up 29.3% from $329,500 in June 2021, according to REMAX's just-released national housing report.
U.S. home prices were up 11% from a year ago. D-FW saw the largest year-over-year increase in median sale price among the 53 metro areas analyzed by the brokerage. Some major markets, such as Austin, are not included in the report. Home sales were down 11.8% in the metro area, with nearly 10,000 transactions, according to RE/MAX. Home inventory has nearly doubled from a year ago to 14,404 properties. Even with the sharp increase year over year, prices were down slightly from May.
Dallas-Fort Worth home prices still soaring
Of all 53 metro areas RE/MAX analyzed, the company found Dallas-Fort Worth's median home price grew the most from June 2021 to June 2022.
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Las Vegas, NV
Table: Mitchell Parton/DMN Source: Re/Max National Housing Report
Mark Wolfe, owner of RE/MAX DFW Associates, said homes are still selling over list price, especially in places like Collin County and Denton County. Some offers will even come in as much as $60,000 over list price when they are the only offer, a carryover from the busier market when buyers had to offer above the asking price if they wanted to get a home.
People relocating from California have no problem paying $50,000 to $100,000 over list price to make sure they get the home they want, and they will still see it as a good deal, Wolfe said. "Especially in the northern suburbs, we have a tremendous amount of California homebuyers," he said. "They're flushed with cash."
Nationally, home sales dropped 17.6% since last June and inventory grew for a third consecutive month, up 34.1% from May. "The market is moving toward greater balance, especially with inventory gains and the slowing of price appreciation. The past few years have been one of the most competitive times ever for buyers — and we're finally seeing conditions ease up," Nick Bailey, president and CEO of RE/MAX, said in a statement.
Wolfe said that a quarter of all listings on the market in D-FW are now seeing price reductions, as homes aren't selling as quickly as sellers and agents expect. Homes seeing price drops were likely overpriced to begin with, he said. The number of showings per listing at Wolfe's offices are down from eight each week last year to an average of three now. Homes are taking weeks instead of days to sell, and more inventory is available. "But three showings a week is really still a good market," Wolfe said. "It's a little bit more of a normal market than the boom we've had for the last two years."
31% of Closings in Exurb Counties
Forget Dallas, Tarrant, Collin and Denton Counties. The move is on to the exurbs. This month, November 2021, 31% of all RMDFW home closings were NOT in the main four metro counties. The closings were in Kaufman, Rockwall, Ellis, Grayson, Hood and Johnson counties – the new exurb counties of the Metroplex. Affordable, new housing is sprouting up 25, 35, 45 miles away from Dallas – and young millennial families are snatching them up. One year ago, 15% of all November RMDFW closings were new homes sales. This November it is about 42% - a huge increase. Since there is a lack of inventory for new homebuyers, they are moving further out to the exurbs. Kaufman County (Heartland, Forney, Crandall) leads the way, then Rockwall County (Royce City, Fate), then Grayson (Van Alstyne, Melissa).
Have you thought about jumping on the bandwagon and making your home smarter in 2021? If not, maybe you should. There are so many ways smart features increase your home's comfort, security, and efficiency that a smart system bears looking at. What's more, if you're listing your home among Dallas homes for sale or Plano homes for sale, you might include the smart system and appliances as a selling point.
In case you're not familiar with all the features you could have with a smart system, let's look at a rundown.
Manage your home's environment from near or far with a smart thermostat. Use an app on your smartphone or tablet to control the temperature; depending on if you have an in-house humidifier, you might even be able to raise or lower humidity. Some systems can sense your approach and raise or lower the temperature for your comfort. Need an analysis of your energy usage? A smart thermostat can do that as well.
Wouldn't it be nice to live in a city where you can have it all, without breaking the bank? While so many of the most popular cities to call home come with a cost of living that's significantly higher than average, that isn't the case when you live in Plano, TX. Plano offers all of the benefits of the best cities, with an affordable cost of living that makes it easy to enjoy all the city has to offer. Our real estate agents have all the details on the affordable cost of living in Plano and why it's such a great place to call home.
Plano Is an Affordable City with so Much to Offer
According to REALTOR® Magazine, Plano has the 15th lowest cost of living of any city in the country. The rankings are calculated based on the combination of utilities, food, essential services, and the monthly cost of living. Add it all up, and Plano costs about $1,750 per month to live, which puts it on par with cities like Virginia Beach, VA, and Tulsa, OK. That is less than half the cost of some of the most expensive cities in the country, like San Francisco ($4,315 per month), New York City ($4,178 per month), and Boston ($3,426 per month).
Why Choose a City with a Low Cost of Living?
When you shop for Plano homes for sale, you can be confident that you will make the most of your income in your new city. A lower cost of living impacts life in so many positive ways and may even influence your home search. When you know you will have lower monthly costs, you may be able to buy "more home for your money" and dedicate more of your budget to your home. Even after you close the deal on your home, a low cost of living leaves more money to customize your property and keep up with maintenance needs without tapping into emergency funds.
Plano Offers an Affordable Cost of Living Combined with Excellent Income
When you analyze many of the cities with the lowest cost of living, you will find that those cities also have a comparatively low-income rate compared to more expensive cities. That is not the case in Plano, where you will find an affordable lifestyle combined with income numbers that actually beat many more expensive cities. The average household income for Plano residents is actually more than $88,000, which checks in more than $30,000 above the average city in the United States.
How Will You Make the Most of Your Money in Plano?
Ultimately, the benefits of strong income numbers and an affordable cost of living depend on the individual. Do you dream of buying a home that you can customize to your heart's content? Would you like to boost your savings for a rainy day or put away money to send your kids to a great college? What about making the most of your downtime, with extra money for entertainment, travel, and exploring the city? When you live in Plano, you can truly have the best of both worlds.
Are you searching for a vibrant, affordable city where you can make the most of your money? Our team is here to help you find the perfect home. Contact us to buy and sell homes throughout the Plano, TX area.
The holiday season ushers in excitement, but for thousands of men, women, and children in the Dallas-Fort Worth area, this time of the year is especially difficult. Some of our family members, friend, neighbors, and coworkers struggle to make ends meet or receive the care that they need. Our real estate agents understand that this time of the year is busy, but we shouldn't let shopping and festivities distract us from the reason for the season. Above all, these next few days give us the opportunity to share our kindness, spread joy, and brighten the lives of whomever we can. We encourage you to give back to the DFW this holiday season through one of these compassionate acts.
We hope that you take any opportunity to help those in our communities who need it most this holiday season. As always, if you would like assistance with your search for Dallas homes for sale and Fort Worth homes for sale, please don't hesitate to reach out. Contact us today to find your dream home in the Lone Star State.
The crisp air of late fall makes this a particularly good time to go for a bike ride in the Dallas-Fort Worth area. And with Go For a Ride Day coming right up on Sunday, November 22, our real estate agents are excited to share some of our favorite bike trails in the DFW.
Contact us today to learn more about life in the Dallas-Fort Worth area. From wide-open spaces to vibrant cities and towns, it's an incredible place to live, and our team is always ready to help you find your dream home.
Whatever else is going on in our lives, Thanksgiving is a constant, providing us with a comforting sense of gratitude. Celebrate in style with a fine-dining feast from one of these upscale restaurants around DFW recommended by our real estate agents.
In 2021, will you be giving thanks for a new home in Dallas or Fort Worth? Contact us at RE/MAX DFW Associates for help with all your real estate questions.
If you're interested in buying a home, you may live in another city and find it difficult to travel to see each house you're interested in. Or perhaps you'd simply like to save some time and rule some houses in or out without seeing them in person. That's why video tours of homes for sale are becoming more and more popular with prospective homebuyers.
Our real estate agents suggest that you ask your REALTOR the following questions during a video tour:
Contact us at RE/MAX DFW Associates for more information about taking a video tour of Dallas homes for sale. We offer this service for your convenience and would be happy to answer any questions about the homes you tour.
As culinary icon Julia Child so aptly stated, "A party without a cake is just a meeting." Our real estate agents happily agree that any occasion becomes even more special with a tasty, beautifully-made cake. Add the icing on top of your next event when you order a custom cake from one of these top bakeries around the DFW.
What cake will you choose to celebrate your new home in the DFW? Contact us for help with all your local real estate needs.
Let's be honest — we could all use a glass of wine these days. Thankfully, we don't have to venture far for the vino. Our real estate agents heard through the grapevine that there are plenty of places in the DFW to grab a glass, a bottle, or a carafe of wine at a moment's notice. If you're searching for a new favorite for your wine cellar or just want to sample some unique flavors, we encourage you to enjoy a wine tasting at one of these six local hot-spots.
Even though most homeowners use their driveways every day, it's a commonly overlooked area when it's time for home maintenance and upgrades. If your driveway is starting to show its age or is need of a little TLC, you have a few options to get it looking its best.
Before you add your property to the inventory of Dallas homes for sale, taking care of any driveway issues will ensure your home shows well with potential buyers and help you maximize its value. Here are some options to help you improve your driveway.
Ready to explore other homes in your area? Contact us today to get started!
With cool urban spaces, parklands, hike and bike trails, zoos, and art museums, there are many places around the Dallas-Fort Worth area where families can go for outdoor activities. In fact, family fitness and health may be even important right now. Be sure to check out some of our real estate agents' favorite outdoor destinations around the DFW.
Contact us today to learn more about life in the DFW and let us show you the best homes in the area.
Break out the bibs and rustle up an appetite – National Cheeseburger Day is Friday, September 18th! What better way to celebrate one of our nation's most iconic foods than to sample some of the best burgers in town. Our real estate agents encourage you to grab your burger crew and head to one of these tasty cheeseburger destinations in the DFW.
Our real estate agents here at RE/MAX DFW Associates know that sellers have been bouncing back in our area for weeks now. It's about time for buyers to join the excitement and check out all of the great Dallas homes for sale that are hitting the market!
And that market is right for first-time home buyers.
Many people put off the decision to buy a home because they aren't sure about their finances or worry about their credit. With historic low interest rates, however, now's the time to test the waters. If you're interested in buying a home, you can begin working on your credit and make a big difference.
Your credit score is a numerical rating that helps lenders understand your financial habits. A higher credit score represents someone who is more likely to pay debts on time, making them a safer bet.
Although your credit score is important, it doesn't have to be perfect!
By starting the right habits today, you can make a significant difference in your credit even if you only have a few weeks or months before you apply for a mortgage loan. Current "creditworthy" behavior is often weighed more heavily by lenders than any credit problems you had in the past.
Here's how you can get off to the right start by building your credit:
Getting a great mortgage starts with finding the right home – and there's no better ally than RE/MAX DFW Associates. Contact us to learn more.
Whether you've been playing the guitar for years, or you just want to take up a new hobby, you'll find everything need at these shops around the DFW. Our real estate agents share their favorite places for all things guitar.
Before you head out to any of these shops, we encourage you to call to confirm business hours, as times may be temporarily changed.
Contact us today to learn more about life in DFW and talk to our team of real estate agents about finding your dream home in North Texas!
If you're looking to move to the Dallas/Fort Worth area, house hunting can be complicated by the commute to open houses and other viewings. If you spot a particularly appealing choice among the Dallas homes for sale, you may consider making an offer before you're able to tour the house in person. This option has its risks, but with some caution, making an offer before you have a chance to see the house in real life can pay off.
While you may prefer to wait to view a property in person, making an offer before you can see a house can be a sound purchasing decision. We'd love to discuss your home viewing options with you. Please contact us today.
One of the many advantages of living in the Dallas-Fort Worth area is our generally warm weather and long growing season. This makes it possible to enjoy local produce throughout the year as you add a burst of color, flavor, and nutrition to your family's diet.
The area is home to many farmers markets that feature produce from a variety of local vendors and serve as a community gathering spot where you can take in the sights and smells of delicious local crops. If you're planning a visit, you can sign up to receive newsletters from many markets to let you know more about their vendors and special events.
Our real estate agents recommend making a stop at the following farmers markets to get a taste of local produce in Dallas-Fort Worth.
Contact us today if you're interested in buying a home in the Dallas-Fort Worth Metroplex. Our RE/MAX DFW Associates are knowledgeable about our community and will be happy to help you find your dream home and find out for yourself just what makes living in DFW so special!
Kitchens pose a unique challenge when you're looking to update your home. They have to be highly functional workspaces and feel inviting. Completely renovating a kitchen would involve removing built-in cabinets and moving major appliances—an expensive and disruptive endeavor. But you can give your kitchen a whole new look on a modest budget. The Dallas homes for sale that we show can serve as inspiration, but you should also consider the following ideas.
Remodeling your home is a way to make it more functional and enjoyable for years to come. But what if you're planning to sell your house? It's unfortunate but true: not every home remodeling project offers a great return on investment. In fact, no project recoups all the money you put into it, but some come close. Before you tear the whole place up, consider the cost versus the value, and make sure you're investing in upgrades that make sense, cost-wise.
Contact us today for more ideas on getting your home ready to sell. Our team can suggest improvements that will make your home appealing to buyers and will let you recoup your investment.
Gardeners are so lucky in the Dallas area. With a little bit of effort, you can grow vegetable crops almost all year long in our warm, sunny climate. That long growing season is also great for producing abundant flowers that nourish butterflies in spring, summer and fall.
In the meantime, here are some things to know about gardening in North Texas, and some recommendations for spring and summer planting.
Weather in North Texas tends to be changeable, and that's truer than ever in these warmer times. During our recent spring, we've seen 95-degree days, followed by a norther that sent the mercury plummeting down to the 30s. Those sudden changes can be tough on gardens, so research plants carefully before you buy. The Texas A&M Agrilife Extension Service in Dallas should be your go-to source for sustaining your garden through inclement weather.
Garden experts abound in North Texas and can advise you on protecting plants from sudden frosts or too much summer sun. For instance, situating plants sensitive to frost by a sunny wall in a warm microclimate can help, as can erecting a vine-covered trellis to shade plants prone to withering from harsh afternoon sun.
Also, watch out for exposed locations where fierce spring winds may wreak havoc, drying out or breaking your tender vegetables or flowers. Planting or erecting windbreaks can help.
It's warm here most of the year, and in summer, it's downright hot. Warm climates usually have an abundance of garden pests and diseases that plague gardens, so be prepared. While some gardeners may adopt a regimen of spraying with chemicals, organic gardening experts support more earth-friendly methods such as using organic fertilizer, compost, and mulch; using organic applications to control garden pests and diseases; and planting plants adapted for our climate.
One of the best garden designs for our area is the raised bed. Raised beds keep plant roots from bogging down in our clayey soils during wet spells. A 4-foot by 6-foot frame (these are available commercially) can get you started.
Double dig your planting spot to get rid of any rocks or roots. Place the frame, making sure it's level and bracing it to keep sides from bowing. Fill it with layers of garden soil and compost, then plant plants, seeds, or seedlings. Cover with mulch. Add extra beds if you have room.
When choosing plant material, you'd do well to study Texas A&M's recommendations for EarthKind landscaping. The recommended plants stand up to the heat and drought of North Texas, having lower water needs than many other plants.
We can help you find a dream home in Dallas where you can make your garden grow. Contact us today.
Creaks, groans, bangs, clanks—houses make all kinds of weird noises. Most of them aren't anything to worry about, but some could indicate a serious problem. Our real estate agents have just about heard them all, and we're here to offers some advice on how to identify and fix some common house sounds.
Contact us today to learn more about diagnosing common household noises. We've spent years connecting families with beautiful Dallas homes for sale, and we're here to help with all your home ownership questions.
If you're a runner looking at Dallas homes for sale, you'll be glad to know that there are a ton of cool 5K races coming up in the Dallas area! Whether you're looking for a color run, want to run at the zoo, or prefer your 5K with tacos and cerveza, you'll find what you're looking for this spring!
To make sure you're ready to enjoy your next race, you'll want to start training right away. Some of our real estate agents enjoy spending their free time on the area's best local running trails. Here are a few of their favorites.
Are you ready to find your dream home in the Dallas area? The professionals at RE/MAX DFW Associates are here to help you sprint to the finish line and close the deal on your perfect home. Contact us today to discuss your goals and get started.
Valentine's Day is a day to shower your better half with gifts and tokens of appreciation more than any other day of the year. And it's not really Valentine's Day without a romantic dinner, complete with a magnificent bottle of wine, candles, and mood lighting.
Our real estate agents have sampled some of the best Dallas restaurants for Valentine's Day dining. We hope that you will be able to find a sweet spot for this intimate occasion, whether you are a Dallas resident or just looking for Dallas homes for sale.
Are you looking to move to the Dallas area this Valentine's Day? RE/MAX DFW Associates can help. Our real estate agents will work to ensure that you get a nice, comfy home for you and your loved one in the Dallas/Fort Worth Metroplex. Contact us for more information.
Our real estate agents are always working hard to connect our clients with the best Dallas homes for sale. Many clients, especially first-time buyers, are surprised by all we can do for them. A real estate agent is your guide through the whole home-buying process. If there's a question we don't know the answer to, we know where to find it! We strive to be our clients' top resource.
But agents don't just answer questions: They're also there to solve problems. No matter what comes up, a good agent will equip you with the knowledge and options to make a sound decision. Sometimes, the process of buying a house is smooth and easy. Most of the time, though, there are tricky choices to be made at one point or another. Your agent simplifies the issues.
Let's look at some of the unexpected ways agents can "rescue" their clients:
RE/MAX DFW Associates is the largest RE/MAX company throughout the entire southwestern United States. We got there by supporting our clients with the very best in real estate knowledge and customer service. Contact us to find out more about real estate opportunities in our area.
Is your restaurant routine getting a little stale? Trust us, our real estate agents know what it's like to crave a fresh and exciting night out. Thankfully, we've discovered these decidedly different dining destinations in Dallas that we know you'll love!
One of the many advantages of living in the Dallas area is the number of outstanding shops in the area. This comes in handy throughout the year, but especially when it's time to start Christmas shopping. Grab your list of gift recipients and start finding the ideal Christmas present for each one.
Our real estate agents recommend the following shops to help you get in the Christmas shopping spirit around Dallas:
Contact us today to find out about more terrific shops and other destinations that make Dallas and its surrounding area the perfect place to call home!
The holiday season brings a lot of great opportunities to the Dallas/Fort Worth area. Our real estate agents are especially looking forward to being able to run (and walk) for some great causes this year. Be sure to check out these upcoming holiday races around the DFW!
Contact us today to learn more about all the ways you can live life to the fullest in Dallas/Fort Worth! When you're ready to find your dream home, our team of dedicated real estate agents is here to help you every step of the way.
Buying or selling a home can be a stressful situation, but buying and selling a home simultaneously can get downright terrifying if you're not ready for the transition. Fortunately, there are some ways to help ease the burden of buying and selling at the same time, and the primary method is by way of a bridge loan.
Just like it sounds, a bridge loan helps bridge the gap between selling your current home and buying another. Our real estate agents are familiar with the challenges you face when trying to sell your existing home and purchase a new home, so we've put together this guide on how to bridge the gap.
If you're looking to sell your current home and upgrade to a new home, no matter if you're looking to a bridge loan or not, selling your home quickly is critical. Contact us today to get in touch with an agent and let one of our agents help you search Dallas homes for sale!
Paige Shipp, regional director with housing analyst MetroStudy Inc. fears home sales might slow next year in the ramp up to presidential and congressional elections. "We typically have much slower selling seasons right before an election," she said. "After that happens, the flood gates open and people come out. It's not a matter of who wins." Worries about a recession may also impact the home market. "We spent the better part of the last decade still looking over our shoulder," said George Ratiu, senior economist with Realtor.com. "The last recession was so bad that we are still carrying some of the scars from that." However, Dr. James Gaines, chief economist with the Real Estate Center at Texas A&M University states that Texas economy is still expanding. "And we are extremely unlikely to be in a recession by the end of this calendar year," he said. "We are probably pretty safe through the first six months of next year."
The number of homes listed for sale with North Texas real estate agents has risen by about 15% this year. But they aren't in the price range most buyers want. "The inventory is increasing at the upper end — $750,000 and above," Dr. James Gaines, chief economist with the Real Estate Center at Texas A&M University said. "If you have a well-located $300,000 house, you can sell it tomorrow. We are seeing evidence of price fatigue in the market." D-FW home prices are up only about 3% so far in 2019 — nothing like the double-digit percentage home price gains of a couple of years ago. "The recent spike in mortgage rates did expose how price sensitive the market is," said Paige Shipp, regional director with housing analyst MetroStudy Inc. "Things are not quite as rosy as they seem in terms of what people can afford." Many home sellers haven't gotten the message, she said. "They want to list their house for more than their neighbors sold for and sell it overnight." D-FW has an undersupply of homes priced below $250.000.
After several years of ever-increasing sales, there are signs that North Texas' million-dollar home market has hit a ceiling. Sales of high-priced Dallas-area homes have shot up in recent years, rising at a much greater rate than the overall housing market. There are now more than a dozen Dallas-area mansions on the market with price tags of more than $10 million, according to Realtor.com. While demand for low- and moderate-priced houses is still rising in North Texas, the latest sales numbers show that purchases of million-dollar properties have leveled off. For the last few years, million-dollar home sales in the Dallas-Fort Worth area have grown at double-digit percentage rates. Housing analysts say that the inventory is rising while more moderate-priced properties are in short supply. "The inventory is mostly at the upper end," said George Ratiu, senior economist with Realtor.com. "That's not where the most demand is."
Life never stands still, and the single-family home occupied by the nuclear family unit doesn't work for everyone. There's a rising demand for multi-generation homes as younger adults stay at home longer, and families come together to take care of parents and grandparents in their retirement years. Today our real estate agents are providing you with all the information you need to decide if multi-generational living is right for your family.
We're seeing a rising trend of multi-generational living spaces in our inventory of Dallas homes for sale, and it isn't surprising given the recent trends. Close to 25% of families are currently or have recently shared a multi-generational living arrangement. These are often younger couples starting families while still living at home with parents. In some cases, grandparents return to live with their children after the grandchildren have grown up and moved away. This can be in one large home or in multiple structures on the same property, such as the ever-popular "mother-in-law" suite.
There are several reasons why this living situation can be advantageous, as it allows multiple generations to pool their resources. and enjoy a standard of living that may not be available individually. It may also be an opportunity for home improvements to increase the value of the property. It also can be a boon for working adults as retired family members may help to take care of children and save the family a significant amount on childcare costs. This may seem like a recent development, but prior to the 1950s, it was common for three or more generations to share the same household.
Some consider an adult still living with their parents a mark of failure, or a retired person moving back in with their children to be an act of interference. Both of these are unfair characterizations. Multi-generational living has concrete financial benefits, but trends show that financially successful families are also adopting the lifestyle as security in an uncertain economic climate.
The cost of living is getting more expensive while wages and benefits remain stagnant, and this is putting the squeeze on families that are seeing fewer opportunities to save money, invest, or plan for retirement. Having grandparents spend their hard-earned retirement with their children may be the only way for their children to save enough money for their retirement. Recent college graduates with student debt can benefit from having an additional generation to help with household expenses.
Whether the current working generation needs help from their parents or the older generation is finding retirement income insufficient, they may find things are better together. Multi-generational living can heal old wounds and bind families closer together, allowing grandparents more precious time to spend with grandchildren. It can give young couples an opportunity to spend time with each other away from the kids on the weekends, building a stronger relationship. It can bring old-fashioned expertise and know-how into the home.
It can also build closer bonds of understanding between the generations, even as caregiving and chores become a shared responsibility. It may also be a bridge from renting to finally being able to make the leap into homeownership with older parties able to co-sign on loans as well as help to meet minimum household income requirements.
What do you think? Is multi-generational living something that might work for you? RE/MAX DFW Associates can help you find your ideal home for more than one generation. Contact us today for more information on our listings.
Are you ready for the sweetest September celebration in Dallas? Then join our real estate agents as we satisfy our sweet tooth at the Dallas Chocolate Festival. This year is the 10th anniversary of the celebration of all things chocolate. From Friday, September 6th through Sunday, September, 8th, you and your family will have the opportunity to taste samples from over 60 of the best artisan chocolate makers.
You may be a chocolate lover—but how much do you actually know about the chocolate-making process? DallasChocolate.org founder Sander Wolf believes that the process of creating chocolate from bean to bar is an exciting journey that all chocolate lovers should learn about. In 2009, Wolf created his website in hopes to educate the masses about local and global chocolate news and history. Instead of simply telling the residents of Dallas about chocolate, he wanted to give them the opportunity to taste unique flavors through an engaging experience that celebrates this tasty treat. What began as a small event featuring only two bean-to-bar chocolate producers turned into one of the can't-miss annual events of the Dallas food scene. The Dallas Chocolate Festival became the website's signature event that draws chocolate lovers and makers from around the world to the Dallas area every autumn.
Get ready to pack your weekend full of chocolatey fun with all of the tasty events taking place at the 2019 Dallas Chocolate Festival:
The Dallas real estate market is like a box of chocolates—there's a wonderful and unique home to fit every taste! Contact us today and let you show you the best Dallas homes for sale that you can fill to the ceiling with delicious chocolates from the Dallas Chocolate Festival!
Our real estate agents are always glad to support your search for the best Dallas homes for sale. First-time buyers, in particular, find the process easier when they connect with the right real estate agent—someone with plenty of experience in their situation. Many of the big questions first-time buyers have usually deal with obtaining a mortgage loan.
They often worry about the effect of credit score on their hopes for a favorable mortgage. Most people don't have perfect credit, so they wonder if their credit will stop them from getting the home they want. Luckily, the answer to this is almost always "no." A few credit blemishes here or there will not usually disqualify you from getting a home loan. Even if you've had credit problems in the past, many lenders are willing to look at your current income and credit behavior to determine how much you can borrow.
That said, your credit score is still relevant. A good credit score can improve your loan terms. Raising your score just a few points can make a worthwhile difference, so don't feel you need perfection. Even if you have only a few months before you begin your home search, there are steps you can take to raise your credit score. This may translate to better loan rates and substantial savings over time. Let's look at some ways you can raise your credit score faster.
Contact us to find out more about your options as a first-time home buyer here in the Dallas area. The team at RE/MAX DFW Associates looks forward to helping you.
What's your favorite way to unwind? Do you head out for some physical activity or spend time in nature? Find both at these top kayak and stand-up paddleboard (SUP) spots recommended by our real estate agents.
Dallas-Fort Worth features a special blend of urban and outdoor attractions. Whether you're buying or selling a home in the area, contact us for friendly and knowledgeable assistance.
Summertime is here, and that means plenty of beautiful weather and opportunities for family-friendly outdoor adventures. When you're ready to take a break from the hustle and bustle of visiting Dallas homes for sale, we recommend exploring some of the city's great parks.
July is National Picnic Month, so now is the perfect time to grab your blanket, pack up some finger foods, and plan a family outing or a romantic lunch. While there are plenty of great picnic spots to choose from, there are a few that you really won't want to miss.
White Rock Lake Bike & Hiking Trail: White Rock Lake, Dallas, TX 75214
Located about five miles northeast of downtown, White Rock Lake Bike & Hiking Trail features a 9.33-mile biking and hiking trail, museum, dog park, wetlands, bird watching area, pier, boat ramp, and kayak concession. During your walk, you'll enjoy observing the native trees, wildflowers, and animal life.
For a truly memorable evening, plan a picnic dinner, then stick around to watch the sunset.
At RE/MAX DFW Associates, we understand how important it is to find a house that feels like home. That's why we go the extra mile to help you explore your options until you find "the one." When you're ready to start your home-buying adventure, contact us. Together, we'll turn your dreams into a reality.
Moving into a smaller home can be advantageous on many levels depending on your circumstances and reasons why you're choosing to do so. But it's not right for everyone, and depending on your particular situation, it may actually be more of a burden than an advantage.
Our real estate agents have put together this list of five questions to ask before downsizing.
DFW—are you ready to rock this summer? Our real estate agents have been eagerly anticipating the return of the best concert series around the Dallas-Fort Worth area. We're so excited to get out and groove with our friends and families. When we're not showing new homeowners around Dallas homes for sale, we're keeping track of all of the cool concerts coming to town. Grab your dance partner and get ready to rock with us at one of these awesome outdoor concerts around the DFW.
What's your ideal soundtrack to summer? Whether you get down to rhythm and blues or if you tend to tap your toes to anything with a Texas twang, we invite you to come out and join our real estate agents for a night of fun! Contact us today and we'll tell you where more cool concerts are happening around the best Dallas homes for sale.
Are you considering selling your DFW home or investing in a Texas property that you plan on flipping? Our real estate agents strive to identify the burgeoning trends that homebuyers seek in the Dallas/Fort Worth market. Among the many home improvements that sellers complete to increase their home value, we want to highlight seven specific exterior home features that buyers instantly fall in love with.
As you view Dallas homes for sale looking for the perfect place to raise a family, does it bring back fond memories of your own childhood? Thank Mom for all her love and support with one of these great Mother's Day activities around Dallas and Fort Worth.
You've decided it is time to sell your house and you find yourself overwhelmed with deciding what to upgrade to get a better price. Our real estate agents believe the simplest place to start is with paint.
Giving the inside of your home a fresh coat of paint showcases your home as crisp, clean, and up-to-date, especially if you have lived there a while and your house shows the rough and tumble effects of family living. Painting gives you a chance to patch the odd holes in the living room, paint over your children's unintended "artwork" in the hallway, and finally undo that bad choice of bright red in the guest bathroom.
There's no need to fret when your brain gets bored with the day-to-day routine. Down the road and through the streets of the city is the perfect medicine for a meandering mind. When your brain needs a boost and a dash of excitement, our real estate agents recommend spending a few hours at the Dallas Perot Museum.
Our universe is filled with trillions of stars to explore, millions of diseases to discover, and thousands of dinosaurs to uncover. The museum's mission is to encourage the next generation of scientists to reach beyond what is known and discover what is possible. Toward that goal, the curators at the Perot Museum have done an amazing job of crafting exhibitions that stimulate the synapses.
Within the museum's 11 exhibition halls, you can delve into the mysteries of the human body within the Being Human Hall, or drill into the future of energy within the Tom Hunt Energy Hall. Each room is designed to help children and adults understand the science that supports everything from modern medicine to space exploration. There is so much to see and discover that you will need several visits to see it all.
The Perot Museum is famous for hosting some of the area's most fascinating special exhibitions. Their latest exhibition is "The Art of the Brick," and it runs from now through August 18th. The exhibition features some truly ingenious creations that you won't want to miss.
Each exhibit is a work of art unto itself and reflects the creative flair of some of the world's most renowned artists. Crafted brick by brick, each sculpture is a tribute to mankind and the magic of LEGO®. It's a perfect place to spend an afternoon with your family and discover just how many things you can build with a handful of LEGOs and a spoonful or two of imagination.
Ben Stiller isn't the only one who can unlock the magic that moves about the museum at night. The Perot Museum's "Snore and Explore" sleepovers offer live science shows, 3-D films, and plenty of healthy late-night snacks to help their brains absorb everything they are learning. Most sleepovers start at 6:30 pm and last until 8 am the next morning. Throughout the night, instructors help children explore the mysteries of the universe, dig deep beneath the earth's crust, and expand their horizons into new universes and future careers.
The museum is open Monday-Saturday from 10 am to 5 pm, and Sundays from11 a.m. to 5 p.m. Because there is so much to see, their last entry is at 4 pm. The museum is open year-round and is only closed on Christmas, Thanksgiving, and a handful of fundraising evenings throughout the fall months.
The museum offers fantastic discounts for teachers, police officers, and soldiers. It's their way of saying thanks to the men and women who do so much to make Dallas the best city in the state.
Many families in Dallas choose to become members of the museum. Members receive special invitations to "members-only" events, free general admission, and discounts on special exhibits when they pass through the area.
We invite you to contact us for more information about the many Dallas homes for sale right now. It would be our pleasure to help you put down roots in the community and to tell you more about the many cultural and historic landmarks that you'll find throughout the city.
Spring is prime home buying season just about everywhere. Our real estate agents always see an increase in buyers this time of year. People are less busy than they are other times of the year, the weather is pleasant, and sellers know they'll have plenty of interest in their homes. Even with more competition, it's still the best time to get the home you've been dreaming of. Here's how you can set yourself up for home buying success.
Spring really is the best time to start looking for a home for sale in Dallas. Despite increased competition, your chances of finding the right home are excellent with the help of one of our agents. Contact us today to get started.
Looking for something fun to do for St. Paddy's Day? These four events in the DFW area offer something for everyone.
Our real estate agents at RE/MAX DFW Associates can give you the scoop on a variety of exciting things in Dallas-Ft. Worth and help you find the home of your dreams. Contact us to get started today!
There's no doubt that selling a home can be an emotional experience, especially if you're doing it for the first time. The highs, lows, and unknowns of the sales process can be enough to put even experienced sellers on edge, so it's only natural to feel some anxiety as you work to sell your home.
Fortunately, there are plenty of ways you can limit anxiety while you're selling your home, and limiting anxiety can have the side-effect of helping you maximize the value that you receive for your home. Our real estate agents are here to help, with our guide to curbing anxiety while you're selling a home.
Remember Why You're Selling
One of the easiest ways to limit anxiety is to always remember why you're selling your home. Whether you're looking to move to a new, exciting community, starting a new job, increasing the size of your family, or selling to move into a home that better fits your financial needs, remembering the why can help keep anxiety at bay.
Pick the Right Price
Watching your home sit on the market with few or zero offers coming in can make anyone start feeling anxious, so it's a good idea to price your home in a way that helps maximize interest from buyers. That means not going too high or low, and finding a price that's just right for current market conditions.
Work with the Right Real Estate Agent
Choosing the right price is much simpler when you have the right real estate agent to provide a comparative market analysis (CMA) and help you understand what buyers are willing to pay for a home like yours. The right agent can also limit anxiety throughout the process, by answering questions, helping accomplish your goals, and marketing your home effectively so that you attract competitive offers.
Create a Plan of Action to Address Concerns
Most buyers today have an excellent eye for detail, which means they'll be looking carefully for any maintenance issues or repairs when they visit your home. Making the necessary repairs and preparations can feel like a huge task, so it really helps to have an action plan. Create a to-do list, prioritize the most important tasks, and continue making progress to keep anxiety at bay.
Take a Break
Selling a house is the type of process that can dominate your thoughts, even when you're working or otherwise away from the home. So remember that it's okay to take a break! Keep enjoying your favorite hobbies, hit the town to have some fun, or even just take a break in a nice, quiet place where you can think about something other than selling your home.
Be Prepared to Work
There's no getting around the fact that selling your home and addressing the anxiety that comes with the process takes work, so it's important to be ready to roll up your sleeves. Whether you're tackling maintenance issues, working to find the right real estate agent, marketing your home, or negotiating with buyers, be prepared to invest the necessary effort will ultimately make it much easier to see the process through to the finish line.
Working with the right real estate team is one of the easiest ways to curb anxiety when selling your home, and we'd love to help you navigate the process with confidence. Contact us to buy and sell homes throughout Dallas-Fort Worth area.
Speakeasies rose to prominence during prohibition, illicitly serving alcohol in secret haunts out of sight and out of the law's reach. The fact that alcohol was made legal again more than 80 years ago has done nothing to diminish these establishment's appeal.
Today, speakeasies remain some of the best places in Dallas to grab a drink, with high-end cocktails, tasty happy hour specials, and second-to-none ambiance. Our real estate agents share some of the best old-fashioned watering holes to visit in the DFW area.
Contact us today to learn more about life in the Dallas/Fort Worth area. Our team is dedicated to helping you find your perfect Dallas homes, and to making sure you're ready to live your new life to the fullest.
Everything's bigger in Texas, and that's just as true of our Game Day parties! No matter if you follow football or consider yourself a casual fan, a Big Game get-together in the DFW area offers fun you won't want to miss. Everyone turns out for a great day of excitement.
Naturally, the Dallas Cowboys and Houston Texans are the local teams close to our heart here in Dallas-Fort Worth. The Cowboys have won five matchups, and although the last was in 1996, die-hard fans will never stop rooting for them.
Let's look in on six of the best places to see the biggest game of them all.
RE/MAX DFW Associates is proud to be the biggest RE/MAX company in Texas and the biggest anywhere in the southwestern United States. We've cultivated our team with a mix of responsive customer service and market expertise you're sure to love.
Whether you're visiting for the Big Game or any other time of year, we won't miss the chance to welcome you to Texas – and show you all Dallas-Fort Worth has to offer.
Contact us to find out more. We look forward to meeting you.
Buying a home is a big decision, but paying for a home is an even bigger deal. Naturally, if you're looking at purchasing a home in the Dallas-Fort Worth area, then you'll most likely be looking toward a mortgage to finance your home purchase.
The mortgage process is complex, multifaceted, and became even more so since the housing crash from a decade ago, so our real estate agents have put together some tips to help you understand the mortgage application process.
If buying a home is part of your plan for 2019, and you're looking to settle in the Dallas-Fort Worth Metroplex, then contact us today. Our agents at RE/MAX DFW Associates have an ear to the ground in the Dallas Fort Worth housing market and can help you find the home that's right for you.
RE/MAX Dallas-Fort Worth is the premier real estate office here in the "DFW" area – and the largest RE/MAX company in the southwestern United States. Our real estate agents do things big, and there's nothing bigger than the fun you can enjoy throughout Dallas-Fort Worth this winter!
For the coolest time this side of the Rio Grande, check out these local attractions:
Ready to start your journey in Dallas? RE/MAX DFW Associates is here to help. We'll support you every step of the way with our unique brand of expert insight on everything Dallas-Fort Worth. The top customer service in real estate makes it easy.
Contact us to find out more about your real estate opportunities.
Dallas homes for sale enjoy some of the most beautiful autumn conditions anywhere in Texas. Our real estate agents love every minute of it – and we also love helping people get homes ready to put on the market during one of the best times of the year.
No matter whether you're considering selling your home or want to spruce things up, there are several things you can do to be prepared. With a little effort at the start of the season, you can keep your property clean and neat.
A little work today can save you on repair bills and other troubles later! Plus, the weather couldn't be better for it.
Let's look at things every Texas homeowner should do to get ready for fall.
At RE/MAX DFW Associates, we're proud to be one of the largest RE/MAX companies in the United States. We're not just the largest in Texas, but #1 in the US Southwest. We've gotten there with a combination of expert advice and stellar service.
If you've been thinking about making your move to the Dallas-Fort Worth area, we can help you. We'll work with you every step of the way to answer your questions, help you avoid setbacks, and get you to closing fast.
Contact us today to find out more. We look forward to hearing from you soon!
If you're considering a relocation to North Texas, you must check out Fort Worth homes for sale. Whether you prefer a luxurious showplace or a stylish starter bungalow, our REALTORS® can find a home that matches your style.
When you visit Fort Worth Texas, spend some time getting to know our thriving metroplex. You'll find all the art, culture, dining, and exciting entertainment you'd expect of a world-class city. If you stretch your visit into the weekend, you can also experience the fast-paced thrills of NASCAR racing.
Since 1996, NASCAR fans have electrified the intersection of 35 West and Highway 114. The location was chosen for its easy highway access, and the fans show up by the thousands.
The Speedway hosts a yearlong schedule that includes Formula Drift, Legends Racing, the Camping World Truck Series, and special events including benefits for Texas Motor Speedway Children's Charities. In November, this versatile venue will host the 2018 Red Bull Air Race Championship.
The Speedway's track, grandstand, and other structures fill a 1,500-acre space. The main course is 1.5 miles with an 800 feet long pit road. The Lil' Texas Motor Speedway track which hosts US Legends Car Racing is 1/5 mile long. There's also a .4 mile clay surface track. The Speedway has a 181,655 fan seating capacity, including luxury and Victory Lane Club suites.
You have several online ticket-buying options: individual tickets, NASCAR 3-ticket Playoff Packs, and create your ticket packages with preferred upgrades. Upgrades include reserved parking, Raceday University, Infield Access, Weekend Pit Pass, and more. You can also schedule a Driver Appearance using the Texas Motor Speedway app.
There are 24 concession buildings, 23 souvenir buildings 1,656 ladies restrooms, and 843 guy's restrooms on-site to keep fans happy, well fed and comfortable. Mobile medical teams are available to assist sick or injured fans.
The Speedway checklist recommends a list of items to bring along. It includes outdoor accessories such as a hat, camera, and sunglasses. It also suggests a few not-so-obvious items such as earplugs (because it gets loud) and cash (so your beer purchases don't show up on your bank statement.)
Most Speedway parking is free. Trams and shuttles loop the Lone Star Circle providing free pick ups and drop offs to and from the raceway. There is 300 paved bus parking spots and handicap parking available in the Express, Crystal, and Speedway Club lots. Paid reserved VIP parking gives you easier access to the track.
There are plenty of hotels in the Fort Worth Texas area, but if you don't mind roughing it a little, you can camp out at the Speedway. There are 6,751 reserved camping spaces available. These include a tent camping area, a VIP area, and a family area. During April and November events there are also 1,799 unreserved camping spaces available.
The family camping section is fenced-in and has 24-hr security. The VIP lot has 24-hr security, paved lots, electrical hookups, and other amenities. RV drivers can set up camp in Burnout Alley.
The Speedway Ministries hold devotionals each race day and a worship service each Sunday. Chaplains are available for crisis intervention and RMTMS volunteers assist fans with on-site and off-site services.
Let us tell you all the reasons why Fort Worth, Texas is a great place to live, work, and play. Contact us when you're buying or selling a home in the DFW real estate area.
Every seller wants their home to look its best. With all the visual marketing prospective buyers are exposed to today, getting professional photos of your home can be a real game changer. Using a real estate photographer will help your home get sold faster and for top dollar.
Thanks to the internet and social media, most buyers now start their home searches online. They scout neighborhoods, pick a price range, and see what kinds of amenities are available. Potential buyers even use it to passively shop and help them make the decision to call a real estate agent in the first place. According to The National Association of REALTORS®, over half of buyers found the home they purchased on the internet. And The Wall Street Journal says buyers only spend 20% of that time online reading descriptions of a property, while 60% is spent viewing the photos.
You can't disregard that kind of impact. Selling a home requires as many potential buyers as possible. The internet is where those buyers are. And the internet is extremely visual. If the photos aren't great, buyers will move on without seeing the home in person.
We've all heard the saying "a picture is worth a thousand words". Often word counts and character number restrictions just won't allow a written description to do a home justice. Sure, it's helpful. But "four bedrooms, two bathrooms" leaves a lot to the imagination. Great photos will fill in that gap and guide buyers that are a good fit right to your home.
Not all photos are created equal. We've all seen photos taken with poor equipment, bad lighting, unnatural colors, and questionable editing, just to name a few. While most pros know how to avoid those problems, one that specializes in real estate photography offers additional advantages.
Luxury homes are a bigger investment and you need to make sure you're getting what your home is really worth. You'll need to highlight all those amazing features and high-end amenities. When buyers look at these homes, they're really thinking about the lifestyle a home purchase of this kind implies. A real estate photographer will make sure buyers have no problem imagining the lifestyle they're looking for. While it may seem expensive, homes with professional photos sell for more money. That increase is usually much more than the cost of the photos.
Amazing photos help buyers associate positive feelings specifically with your home. That gives you a real advantage when they see it in person. Our REALTORS® at RE/MAX DFW Associates will make sure you have all the resources you need to get your home sold. Contact us today to speak with an agent to find out what we can do for you.
Less than 20 minutes from the heart of Dallas, the city of Irving, TX offers endless options for shopping, dining and entertainment. Some of our real estate agents' favorite spots in the DFW area can be found right here, and today we want to highlight one of the area's best restaurants – Saltgrass Steakhouse in Irving, TX.
Saltgrass Steakhouse serves Certified Angus Beef® steaks – the finest in the world – which exceeds even USDA Choice beef in taste and tenderness. The restaurant also has a lot more to offer besides steak, but let's face it. The beef is the main attraction here, and rightly so.
From Pat's Ribeye to the Silver Star Porterhouse and Maudeen's Center Cut Filet, Saltgrass Steakhouse excels when it comes to prime cuts of char-grilled beef, slathered in fresh garlic butter and seasoned with their signature Saltgrass-7 Steak Spice. Their lunch and dinner menus also offer incredible burgers, mouth-watering ribs, fresh seafood, poultry and some of the best ribs around. Besides, the appetizers, sides and desserts alone are worth making a trip for. Try the Two-Fork Cheese Cake, or the homemade beer bread, served warm with honey butter. All breads, dressings and soups are made from scratch daily.
The bar at Saltgrass Steakhouse serves up craft beer in frosty mugs, along with top shelf agave margaritas, an incredible variety of excellent cocktails and an extensive wine list. Stop in for a drink, and there's a good chance you'll be tempted to stick around for a full meal.
Saltgrass Steakhouse got its start in 1991 in Houston, and now has dozens of locations all over the country. The original location sits right alongside the legendary Salt Grass Trail, a historic route used by cattle herders in the 19th century to drive their livestock south to graze on the fertile salt grasses of the Texas Gulf Coast.
It was a journey known far and wide for producing the best beef in Texas, a tradition that Saltgrass Steakhouse carries on today. The trail ride was revived in the 1950s, and has continued to this day, becoming an annual celebration of the original Texas spirit.
The Irving, TX location of Saltgrass Steakhouse is just minutes from some of the best attractions in Irving, including Lakeview Park, the Sam Houston Trail, Luna Vista Golf Course and the Elm Fork of the Trinity River. Downtown Dallas is just 20 minutes away, and Fort worth is just a 30 minute drive.
If you're looking for Irving homes for sale, be sure to check out Saltgrass Steakhouse while you're in the neighborhood. And remember that you're more than welcome to contact RE/MAX DFW Associates any time to learn more about life in Irving, TX!
A beautiful oasis in the heart of Downtown Fort Worth, the Fort Worth Water Gardens are truly a place like no other. Whether you're a long-time local or just visiting the city to check out Fort Worth homes for sale, the Water Gardens are one of the greatest must-see attractions in Fort Worth.
Built in 1974, the Fort Worth Water Gardens were designed by the acclaimed American Architect Philip Johnson, and drew immediate acclaim for their unique blend of futuristic architecture and natural elements. To this day, the gardens are an architectural and engineering marvel that must be experienced firsthand.
You can explore a variety of water features as you stroll through this fascinating urban park, including three pools that are as different as they are beautiful.
Drawing visitors from all over the world, the Fort Worth Water Gardens could almost be seen as a symbol for how much Fort Worth has progressed over the years. The area that the Water Gardens now cover was once one of the most notorious red light districts in Texas, a stretch of saloons, brothels and gambling halls that earned the nickname, "Hell's Half Acre."
Today, the Fort Worth Water Gardens encompass about 4.3 acres in the heart of Fort Worth's revitalized downtown. It's within walking distance of dozens of great shops, bars and eateries and just footsteps away from landmarks like Saint Patrick Cathedral and the Fort Worth Convention Center.
Get ready, get set, and mark your calendars for May 19. That's the day Relay for Life is coming to Dallas to help raise funds and awareness for the American Cancer Society. We hope to see you there! Our REALTORS® work and live in Dallas and believe in giving back to their local communities.
We are excited to welcome the next—and most assuredly not the last—Relay for Life event to our local community in Dallas. The opening ceremony kicks off at 5:30 PM on May 19, followed by the Survivor Walk, which honors the strength and courage of those who have been diagnosed with cancer. Whether your diagnosis was 10 years ago or 10 days ago, anyone who is a survivor or currently affected by cancer is invited to walk. The Caregiver Walk follows the Survivor Walk, giving recognition to those who have helped support their loved ones through cancer treatment.
Visit the official website of this Relay for Life event to learn more about donating, participating, or sponsoring a participant. Every dollar helps, and you'll be among a distinguished list of sponsors and participants.
Since its beginnings in 1985, Relay for Life has been one of the world's great ongoing community fundraising events for the American Cancer Society. More than 3,500 Relay for Life events take place across the United States every year, supporting and celebrating cancer survivors and caregivers, as well as raising money for cancer research. Participating in one of these events makes you a vital part of the American Cancer Society—one of more than 3.5 million survivors, patients, advocates, volunteers, caregivers and researchers who have donated their time, energy and money to beat cancer.
This event takes place at Main Street Garden Park in Downtown Dallas, a beautiful green space that serves as a central hub for many community events. Nestled between Main Street, Commerce Street, Harwood Street, and St. Paul Street, the park is a central gathering place where you're as likely to see visiting tourists as you are residents and employees of local businesses on lunch breaks. With free WiFi, a beautiful green lawn, fountains, dog run, toddler play area, local art installations and an on-site cafe, it's the perfect place to meet up for Relay for Life on May 19.
Real estate transactions don't happen in a vacuum, and understanding the conditions of your local market will play a key role in setting the right price to get your home sold. A comparative market analysis (CMA) is one of the most important tools that your real estate agent has for analyzing the market, and it's something that every seller should look for before putting a home on the market. A CMA looks at what similar homes on the market have listed for and sold for, along with listings that have expired (usually) due to a lack of offers. Our REALTORS® rely on CMAs as part of the process of finding the right price for your home, and we've put together three reasons why a CMA will help sell your home.
Even if you're excited about moving on to your next home, there may be some sentimental attachments to your old one that influence your asking price in negative ways. A CMA is a great tool for seeing your home as buyers will see it, in comparison to similar homes in your area. With a CMA, you can set a price based on the realities of the market, and where your home fits into it. It doesn't mean you'll have to list the home for a bargain, but it does give you a better chance of making a competitive listing to maximize your return on investment while minimizing the time that your home spends on the market.
Selling a house can feel a little overwhelming at times, even if you've done it before with success. There's so much information to sort through, and it's not always easy to figure out on your own which market factors are most important. A CMA gets directly to the heart of the issue, by looking at what other similar homes have sold for in the area, how long they similar homes have spent on the market, and how the sale price of homes in the area compares to their list price. So if you're competing with other Dallas homes for sale, a CMA will help give you an idea of exactly what you're up against, and how you can best approach the market. And you don't have to figure out all of the data alone! Your real estate agent should be a great source of help when making sense of your CMA.
While it's true that you can learn plenty about real estate prices and demographics by researching online, most of the time you'll be getting very general information. If you're selling Fort Worth homes, then you're not really worried about what houses in Houston are selling for, and you may not even be too worried about homes in Fort Worth that are outside of your neighborhood. A CMA is focused on similar "comps" for your home, which removes some of the noise from the equation by getting rid of homes that aren't comparable to yours. Since a CMA tells you about the homes that don't sell in your area, you'll also have the opportunity to learn from the mistakes of other sellers and set a competitive price.
Are you searching for a real estate team who uses all of the latest tools and tactics to get your home sold?
Contact us at RE/MAX DFW Associates to buy and sell homes throughout the Dallas-Fort Worth area
Getting ready to plan for holiday fun in the Dallas-Fort Worth area? Our real estate team is ready to deck the halls, and we've got the details on 10 great events in DFW for this holiday season. While you're planning, you can also click on the city name in any listing to view homes in that community.
Whether you're searching for a home in the city, the suburbs, or anywhere in between, our local real estate team is here to help. Contact RE/MAX DFW Associates to buy and sell homes throughout the Dallas-Fort Worth, TX area.
Interested in experiencing the history, heritage, and culture of Fort Worth, TX, up close and personal? The Fort Worth Stockyards National Historic District is a spectacular example of what makes life in the city so special, with history, entertainment, and excitement around every corner. Visiting the Fort Worth Stockyards is like stepping back into a different era, where daily cattle drives, raucous rodeos, and lively, open-air markets are simply part of daily life. There is so much to see in the Fort Worth Stockyards National Historic District, and our team is excited to tell you all about it.
How did the Fort Worth Stockyards get its start? Investor Greenlief Simpson visited Fort Worth at the request of a local businessman, found a stockyard full of cattle, and decided to invest. Little did he know that the stockyard was not normally so full, and the extra cattle were there simply due to a railroad strike mixed with some bad weather. Still, the Fort Worth Stockyards had its investor, and would soon become one of the most successful stockyards in the country. Today, you can experience more than 100 years of Fort Worth history, through guided tours or at your own leisure.
One of the best things about Fort Worth homes is that you'll never be far from a fantastic meal, and that's certainly true when you visit the Fort Worth Stockyards. Sample the flavors of Texas with tender, juicy barbecue, on-the-border cuisine, steakhouses, family dining, and plenty of places to grab a drink after your meal.
There is so much to see in the Fort Worth Stockyards National Historic District, from family fun to a vibrant, exciting nightlife. Take in one of the twice-daily cattle drives through the district to see what the stockyards are all about, or visit the Cowtown Opry for live performances with a historic spin. The Fort Worth Stockyards are also filled with the sounds of great music, with a wide variety of performance venues suited to both families and adults looking for a fun night on the town.
Whether you're looking for a souvenir, vintage gear, or some of the finest leather products you'll find anywhere, the Fort Worth Stockyards National Historic District has you covered. Enjoy a wide range of shopping experiences, including art galleries, vintage shops, custom hats, hand-crafted products, jewelry, and antiques. Shop the finest Texas styles, and uncover hidden gems that you won't find anywhere else.
There's plenty to do in the Fort Worth Stockyards no matter when you visit, and there will also be special days to circle on your calendar. The schedule of special events runs year-round at the Fort Worth Stockyards, with live performances, holiday events, rodeos, Wild West shows, and plenty of fun surprises. Families will love all of the kid-friendly events on the schedule, and the many festivals that visit throughout the year. The people of Fort Worth are big on giving back to the community, so it's no surprise that you'll also find a busy schedule of charitable events raising money for good causes.
When you're hard at work searching for your ideal Fort Worth home, our experienced, local real estate team is here to help. Contact RE/MAX DFW Associates to buy and sell homes in Fort Worth, Dallas, and the DFW suburbs.
Families with homes in Fort Worth have their choice of Halloween thrills and chills. Your whole family can walk the neighborhood in quirky disguises. You can fill your days and nights with planned events and whimsical, scary adventures. But not too scary!
When the smallest goblins take part in family Halloween fun, it's important to steer clear of super scary events. Traditional haunting venues may frighten young children a bit too much. They may cause little people nightmares that keep the whole family up late at night.
Our real estate agents know a lot about local businesses, attractions, and family-friendly events. We draw on that knowledge to recommend a list of Halloween events that promise fun for the entire family.
When you need reliable information about Fort Worth or Dallas homes for sale, our DFW real estate professionals can help. Contact RE/MAX DFW Associates when you're buying or selling your home in Texas.
An open house is a great opportunity to tour homes for sale in your community without having to schedule an appointment.
Hitting open houses on a given Sunday can also help you gauge available homes in a market and begin a relationship with a REALTOR® if you have not already found one. If you're new to "Open House Sundays," here are easy tips for making your search for Dallas homes more enjoyable and productive.
When you enter the Dallas Historic West End District, you still see evidence of its industrial past. The brick buildings that give the area a throwback feel once housed manufacturers and warehouses.
Rehabbing and redecorating gave those buildings a new life as trendy restaurants, shops, museums, and entertainment venues. It's a great area for dining, exploring, or celebrating special events.
Our Dallas REALTORS® live and work in the area. We enjoy the West End District's entertainment venues. Whether you're new to the area or you're a longtime Dallas homes resident, we want to help you discover the benefits of this exciting shopping, dining, and entertainment district.
Here's just a sample of what you'll find.
Walkability, shopping, restaurants, entertainment, low crime, and a reasonable cost of living give the West End District a high livability rating. You'll find your spacious condo or apartment home in one of the district's vintage industrial buildings.
You'll find the unique goods and services you can't find anywhere else.
Walkability is one of the West End District's key features. If walking isn't your thing, you have a few alternatives.
Take a romantic carriage ride
Glide through town on a Segway
Local museums entertain and educate. They offer activities, programs, and entertainment for the whole family.
The West End Historic District offers restaurants for a fun family occasion or a night on the town. Here are few favorites.
We believe it's important to know your community. Our real estate professionals are happy to help. Contact RE/MAX DFW Associates for information about buying or selling your home or if you simply want to learn more about the activities in your community.
Visitors have called the Mandalay Canal Walk at Las Colinas a "hidden secret path." Those of us with homes in Irving know the walkway is easy to find. It follows the path of the man-made waterway as it joins Lake Carolyn. The Canal Walk is one of the unique features that help make the Las Colinas planned community a wonderful place to call home.
Our REALTORS® in Irving understand that the Canal Walk at Las Colinas is no secret. Still, we believe it's important to offer friendly reminders of just how beautiful and peaceful our community can be.
When you walk the canal
The Canal Walk gives you access to a beautiful ground level city view. You follow a patterned-brick path that syncs with the waterway's arcs and curves. You wander past gleaming office buildings, hotels, arched entryways, and architecture with a distinctive European flair.
Walking the path is a unique way to appreciate the Las Colinas fusion of futuristic growth and old world charm. Best of all, it's a great way to see the commercial district without traffic getting in the way.
More than just a walk
The path is tree-lined and peaceful, ideal for a solo morning walk, an afternoon lunch with coworkers, or a romantic evening stroll. Some restaurants, shops, hotels, and local entertainment venues border the walkway. Others are nearby or a doable walking distance.
As you walk, you'll also see towering buildings, floral accents, and secluded inlets with man-made waterfalls. The celebrated Mustangs of Colinas sculpture and museum are nearby as well.
And if you don't feel like walking
If a peaceful walk isn't enough to satisfy your need for motion, you'll find a few options along the way.
Get to know your community
We believe it's important to know your community. Contact RE/MAX DFW Associates when you need information on buying or selling your Irving home or if you simply want information about the businesses, activities, and entertainment in your community.
Thinking about buying a house? Are you interested in condos for sale in Dallas?
As the leading city in the Dallas-Fort Worth Metro Area--the #4 most populous metro zone in the US--Dallas has something to offer everyone. It has a history as an economic engine for the whole region and attracts professionals of all stripes.
Home to more than 1.1 million people, Dallas is located in five distinct Texas counties. It features world-class universities, museums, sports complexes, hospitals, and more. Recently, high-end technological research has become key to the economy.
With all this action and excitement, it's no surprise Dallas is a great place to buy a condo.
In fact, condominiums are among the most accessible housing options in the area. Growing families, retirees, and young professionals can all find ideal options to meet their needs and their budgets. Dallas makes it all possible!
Let's look at ways you can find the best Dallas condo for you.
If you want to find a quality condo at an affordable price in Dallas, it's especially important to partner with a trusted local real estate team. When you choose RE/MAX DFW Associates, our REALTORS® in Dallas will work with you every step of the way to find the perfect condo. Our decades of experience in Dallas-Fort Worth means our team is second to none.
Contact RE/MAX DFW Associates for fast, friendly, personalized service.
Buying a home can be challenging in all kinds of ways. Simply finding a home that has everything you need is a big accomplishment, and we're here to help you in every way that we can.
For many, saving the money needed for buying a house is another major challenge. So to help you avoid any financing woes, our team has put together some of our favorite clever tips to save money for buying a home. With a little willpower and outside-the-box thinking, you'll be well on your way to saving for your dream home.
Easter is on its way in the Dallas area—to be fair, it's also on its way everywhere else—and chances are, you're looking for a good place to do some holiday dining. So whether you're looking for a cozy Easter brunch spot or an Easter dinner restaurant for the whole family, our REALTORS® in Dallas have a few solid recommendations.
At RE/MAX DFW Associates, we make it our mission to help you find your dream home in the Dallas/Fort Worth area. Contact our Dallas office today to learn more about homes in Dallas that are close to the city's best restaurants.
Dallas is a big city in every sense of the word, and one of the great things about buying a house here is that the city has a neighborhood to suit every taste. Narrowing down your list to find the right Dallas neighborhood for you is one of the most important steps in the preparation process that leads to finding a home that you will love long-term. Whether you love the arts, the outdoors, or simply want the best education possible for your children, there's a Dallas neighborhood with your name on it.
The first step in finding the right neighborhood is doing your research, and if possible hands-on is preferable to learning from a distance. You can learn about school districts, employment opportunities, and economic indicators online, and then make in-person visits to the neighborhoods that pique your interest. Ahead, we'll provide examples of some of the types of neighborhoods you'll find around Dallas, along with more tips on finding the right match.
Need a hand narrowing down your neighborhood options in Dallas and throughout DFW? Contact RE/MAX DFW Associates to buy and sell homes in Dallas, TX, and for all the help you need to find the right Dallas neighborhood for you.
When you're selling a house, few moments are more nerve-wracking than the home inspection. No matter how much you've prepared for the big day and how well you've maintained your home over the years, there will always be some anxiety until the inspector gives your home a clean bill of health. Avoiding unpleasant surprises during a home inspection starts with preparation and education. It is important to prepare your home for the inspection, and educate yourself on what to expect from each step in the inspection process. We're here to help, by highlighting three big mistakes that you definitely don't want to make on inspection day.
So if you're selling a house in Fort Worth and have some structural issues to deal with, contacting a contractor you trust is a great way to avoid potential headaches. This is another situation where it really pays to get feedback from your REALTOR® and others you trust because finding the right contractor will make your life much easier. There are many merits to DIY projects when the pressure is lower, but home inspection just isn't the right time to show off your handy side.
Need a hand preparing to sell your home? Our team at RE/MAX DFW Associates is here to help. Contact us for everything you need to buy and sell homes in the Dallas-Fort Worth Metroplex.
Are you a first-time homebuyer searching for the perfect spot in Dallas to call your own? Our city has seen a big influx of new residents in recent years and helping new homebuyers is one of the most rewarding aspects of our work at RE/MAX DFW Associates. The real estate market in Dallas is hot with homes of every variety and neighborhoods to suit every taste. So we've assembled our best tips for first-time homebuyers in Dallas to help you find a home you'll love with plenty left in your budget to explore all that this great city has to offer.
Looking for more help navigating the Dallas real estate market for the first time? Our experienced team at RE/MAX DFW Associates is here for you. Contact us to learn everything you need to buy your first home in Dallas.
Buying a house for the first time always comes with a mix of excitement and anxiety. Don't worry, it's normal. There's nothing like the feeling of picking out your very own home for the first time, but like any homebuyer you also want to make sure that you're getting solid value for your financial investment. Preparation is the key to finding a home you'll love long-term: you don't have to be an expert to prepare like one. Our REALTORS® at RE/MAX DFW Associates agree that differentiating between what you want and what you need is one of the most important steps you can take when buying a house for the first time.
Do I Want It or Do I Need It?
When defining wants versus needs, it's important to consider the neighborhood in addition to the home itself. You can find homes in Dallas in all shapes and sizes, but the neighborhood you choose helps determine which entertainment options, amenities and services are nearby. Deciding where your priorities lie will allow you to compromise on less important points in order to focus on getting what you really need.
Deciding between what you want and what you need is a personal decision, but that doesn't mean you have to do it alone. The help of an experienced real estate agent will make life much easier as you work to find a home that matches your needs. Contact RE/MAX DFW Associates to buy and sell homes throughout the Dallas-Fort Worth Metroplex.