Industry News
FED Cuts Rates By Half Percentage Point
Today, the Federal Reserve cut interest rates by 0.5%, marking a significant shift in monetary policy aimed at stimulating the U.S. economy. This move comes as inflation has cooled to around 2.5%, allowing the Fed to pivot its focus toward boosting economic …
Industry News
May 2024 Housing Update
Inventory in Fort Worth in May climbed above the 3 month mark for the first time in more than 10 years. The last time inventory rose above 3 months in Fort Worth and Tarrant County was in 2013. In addition, active listings …
Industry News
January 2024 Housing Report
The median home price in Fort Worth in January dipped down to $315,000. This was a 1.6 percent decrease year over year, and the lowest that prices have been in Fort Worth since the fall of 2021. The Tarrant County median price …
Industry News
December 2021 Housing Report
Inventory numbers dropped in December 2021 to the lowest figures since the start of the pandemic. The Texas Real Estate Research Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes …
Industry News
May 2021 Housing Report
Home buyers in May paid 25 percent more for a house than they would have paid one year ago, according to the latest housing report data. The median home price for May 2021 climbed to $295,000, setting another record high. The continued …
Industry News
APRIL 2021 HOUSING REPORT
Inventory stayed at 0.9 months, which was 1.4 months less than April 2020. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced. “More sellers are …
Industry News
February 2021 Housing Report
Inventory has dropped steadily since the summer of 2020, reaching a new low as it dipped below one month to 0.9 months in February 2021. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market …
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