Median home sales prices were higher in 2021 in all of the Dallas area’s residential districts, and those higher prices and a lack of inventory are putting...
Single-family home sales by real estate agents fell in two-thirds of the Dallas-area residential districtsThe biggest price increases were in markets such as Celina , Frisco and Southlake , and Melissa, Prosper and Oak Cliff .Adding to the challenges of higher home selling prices are the recent increases in mortgage rates, which are expected to continue throughout 2022.
In just the last month, the average rise in home financing costs from higher interest rates has added 7% a month to the payments on a typical house, according to data from Zillow. In the D-FW area, that means payments have gone up by more than $200 on a mid-priced home, Zillow analysts say.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Emmitt Smith, UNT-Dallas celebrate opening of new center in southern DallasThe former Cowboy purchased the building to redevelop it in 2019.
Read more »
Dallas police looking for person who abandoned 5 guinea pigs on South Dallas trailPolice are asking for the public’s help identifying the person who abandoned five guinea pigs at a nature trail in South Dallas this month. Dallas police...
Read more »
Dallas police looking for 3 boys seen seriously injuring a cat in Pleasant GroveDallas police are asking for the public’s help identifying three boys who were seen seriously injuring a cat this week in Pleasant Grove. Police said just...
Read more »
Activist discovers that site of much-debated Kroger project was once Dallas’ first Black high schoolIt looks like a whole lot of nothing, this property at 3212 Cochran Street, where a hotly debated Kroger development will rise on land that hugs North...
Read more »
Dallas woman admits to plotting husband’s killing with her lover, court records showJennifer Faith, an Oak Cliff widow who initially begged for help finding her husband’s killer, has admitted she had a role in his murder. Court records...
Read more »
It's Unanimous: Dallas Sexually Oriented Businesses Must Close from 2 a.m. to 6 a.m.If owners of sexually oriented businesses don't abide by the new rule, they could have their licenses suspended for 30 days, be fined up to $4,000 and face up to a year in jail.
Read more »