Cathy K Witte

DFW: In 2019, the average U.S. home seller saw a gain of $65,000, a 13-year high, according to Attom Data Solutions. In DFW the average sales gain was $78,437. Austin had the biggest average profit of $89,983. Less than 7% of DFW home trades were distressed sales, according to Attom Data. Only 3% of North Texas…

DFW: Single-unit residential housing sales increased 3.1% in November to 7,361 transactions. YTD sales totaled 94,731 closed listings, with a volume of $2.37 billion. Average sales price rose 1.5% to $322,283 and the average price/SF rose from $135.72 to $139.25. Median price rose 5.26% to $270,000 and median price/SF rose from $127.23 to $131.47. Active listings…

DFW: The average Dallas-area homeowner gained $5,200 in increased property equity — the difference between mortgage balance and home value — during the last year, reports CoreLogic. That’s more than the average Texas increase of $4,600. U.S. homeowners have gained nearly $457 billion in property equity since the third quarter of 2018, as home values nationwide…

DFW: More than 3,400 acres of land near the intersections of State Highway 114 and US 287 in Wise County have been bought for a residential development of more than 10,000 homes. Parts of the property are in the towns of Rhome and Newark. The development is projected to cost more than $3.5 billion by completion,…

DFW: DFW led the state in home sales during the third quarter, reports the Dallas Morning News. More than 29,000 homes sold during that time, almost a quarter of all Texas sales, according to the TRA. Statewide home sales were up 3.5% over last year. DFW sales by agents were up 5.7% from a year ago.…