Real Estate

The best time to sell your house in North Texas

A house with a for sale sign out front

Ready, set, sell! Photo: Courtesy of Cormac West

North Texans on the fence about when to sell their home should consider next week, according to a new report from Realtor.com.

The methodology: Using data and seasonal trends from 2018-2019 and 2021-2022, the report determined that the 2023 housing market is likely to behave similarly to those time periods.

Evictions in North Texas reach pre-pandemic levels

Reproduced from Eviction Lab; Chart: Axios Visuals

Evictions in Dallas and Fort Worth have steadily ticked up to pre-pandemic levels, according to Eviction Lab data.

Driving the news: Dallas is considering a permanent eviction policy that would give tenants seven days to respond to a proposed eviction and catch up on unpaid rent.

Black-owned homes appreciate slower in Dallas

Illustration of a welcome mat with the inequality symbol on it.

Illustration: Allie Carl/Axios

Homes owned by Black families in North Texas have appreciated slower than Black-owned homes in other parts of the country, according to a new analysis by Zillow.

Why it matters: Dallas has a long, sordid history of housing segregation that the city has been trying to address with new policies.

Dallas area top target for commercial real estate investment

Look at all that commercial real estate. Photo: Valerie Macon/AFP via Getty Images

Commercial real estate investors ranked Dallas-Fort Worth No. 1 for 2023 investments, according to a CBRE survey.

Why it matters: The region is expected to outperform in a year when most investors are looking to buy and sell less due to fears of an economic downturn.

Swanky suburban lagoons are coming to North Texas

A rendering of a community built around a fake lagoon

Beachfront property in ... Anna. Illustration: Courtesy of Megatel Homes

Who needs Hurricane Harbor or Schlitterbahn when you have … the suburbs.

  • North Texas is on the precipice of a lagoon bonanza.
Sami Sparber
Jan 30, 2023 - News

Dallas rents are still high, for now

Data: Moody's Analytics; Table: Kavya Beheraj/Axios

In the fourth quarter of 2022, the average asking rent in Dallas was $1,545, up 11.5% from a year earlier, per economic research firm Moody's Analytics.

Why it matters: Affordability concerns are starting to weigh down the booming rental market.

Dallas expected to be one of Zillow's hottest markets in 2023

A "For Sale" sign and a moving Pod outside a house

Still plenty of "For Sale" signs out. Photo: Courtesy of Cormac West

The Dallas-Fort Worth area will be one of the top five housing markets in 2023, according to analysis from Zillow.

Driving the news: Dallas is fourth on Zillow's new list of 2023's hottest markets, slotted between Pittsburgh and Nashville.

Experts say home price growth will flatten in Dallas-Fort Worth

Illustration of the year 2022, with a keyhole for a zero, which zooms in so you can see through the keyhole to the year 2023.

Illustration: Brendan Lynch/Axios

Experts predict home prices will drop slightly in Dallas-Fort Worth in 2023 and flatten out over the next few years as part of a correction in the real estate market. Here's what they're saying.

1. The market is correcting, not crashing.
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