Dallas and Collin counties will get $9.4 million to help young people facing homelessness Dallas will receive $9.4 million from the U.S. Department of Housing and Urban Development to prevent young people from becoming homeless, and to reduce the ...
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Higher mortgage rates haven’t caused local home prices to plummet. Dallas-Fort Worth home prices increased for the fourth consecutive month in May, continuing a turnaround of prices back toward June 2022′s peak. Local home prices grew 1....
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Contrary to investors’ fears, the “housing bubble” did not burst. Instead, a harmonious decline in both supply and demand has struck a balance, resulting in a boost to the housing median price. Throughout the first half of 2023, ...
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President Joe Biden’s administration will automatically wipe a total of $39 billion in federal student loans for more than 804,000 borrowers in the coming weeks, the U.S. Department of Education announced on Friday. The relief comes just a few ...
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Texas had an uptick in home sales in May. At the same time the level of active listings continued to drop, resulting in shorter market times to sell and price growth. The market time shrunk for the first time since March 2022, now standing at 56 ...
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Three major Texas metro areas have the highest new home construction rates in the nation, with Dallas-Fort Worth right in No. 2. Dallas already has one of the most active real estate development markets within the last decade and holds the ...
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Construction had a great March as it made monumental leaps over February. Meanwhile, active listings dropped as sales continued to rise. Days on market (DOM) increased for yet another month, conflating with the fact that demand is slowing though ...
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Facing soaring costs of renting a house in McKinney, Thelma and Joel Ocampo finally purchased their first home together in March. “We just decided to go for it,” Joel said. There are fewer transactions taking place in Dallas-Fort Worth ...
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A rule change related to how America's largest loan guarantors calculate upfront mortgage fees is set to take effect May 1. Fees on new mortgages will become relatively cheaper for home loans backed by Fannie Mae and Freddie Mac. For borrowers with ...
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Borrowing costs are decreasing as home sales are rising, which bodes well for a potentially active spring market. Mortgage rates continued to slide this week, adding more fuel to what appears to be a recovering housing market. The 30-year fixed-rate ...
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