Weichert Realtors Suburban Properties

09/25/2026

ok investors. I have an occupied rental coming for sale. Anyone interested in adding to their portfolio? DM for details.

09/23/2026

09/22/2026

Say hello to you new home! Dm for details

09/18/2026

Mortgage Rates Near 7% as North Texas Sales Slow
September 17, 2026
Rising mortgage rates add pressure to affordability as North Texas sales slow and home prices hold steady.
Mortgage rates are approaching 7% again, adding another challenge for buyers and sellers navigating an already slower North Texas housing market.

Freddie Mac’s latest survey put the average 30-year fixed mortgage rate at 6.95% for the week ending September 17, up from 6.76% the previous week.

The increase comes alongside the Federal Reserve’s first rate hike since 2023. On September 16, policymakers raised the federal funds target range by a quarter of a percentage point to 3.75%–4.00%, citing inflation that remains above the Fed’s 2% goal.

Freddie Mac’s weekly average includes several days before that announcement, so it does not capture the full market response. The coming weeks will provide a clearer picture of whether mortgage rates remain near this level.

Affordability Remains Under Pressure
For North Texas, renewed rate pressure comes as the market continues to adjust to slower sales and more measured buyer activity.

MetroTex’s latest market update reported 7,329 single-family home sales, down 5% from a year earlier, while the median sales price held steady at $390,000. Inventory stood at 4.3 months.

Those figures predate this week’s Fed decision, but they show the conditions into which higher borrowing costs are arriving: prices have remained relatively stable even as sales have slowed.

For financed buyers, that combination can tighten purchasing power. More choice in available homes does not necessarily translate into a more affordable monthly payment.

Pricing Faces Another Test
Sellers are already operating in a market that requires closer attention to the competition. The same MetroTex report showed homes spending an average of 58 days on market, with sellers receiving 94.8% of their original list price.

If mortgage rates remain elevated, buyers may have less flexibility to stretch for a home. That could place additional pressure on pricing and make concessions more relevant in negotiations, depending on the property and its competition.

What to Watch Next
The Fed’s decision underscores that inflation remains a concern for policymakers. Mortgage rates will continue to respond to economic data and investor expectations, leaving the timing of any sustained relief unclear.

Locally, upcoming pending-sales figures, price reductions and concessions will help show whether buyers are adjusting to higher rates or pulling back. Those changes will provide a more useful measure of the impact on North Texas transactions as the fall market unfolds.

09/10/2026

HOUSING SUPPLY HITS 6 YEAR HIGH.
That is not the whole story. What it does not say is that the housing supply has been well BELOW annual averages since before covid. It is just now getting back to what we in the real estate industry know as "NORMAL". normal being a 5-6 month supply across price points and areas.

1. Housing supply hits 6-year high
Housing supply hit a six-year high in August, as new listings rose 2.6% from July and 4.3% year over year, according to a Redfin report.

Other key takeaways:

Total homes for sale climbed 3.9% month over month, while pending sales were essentially flat at 0.1% from a month earlier in August.

Texas remains one of the nation's most buyer-friendly markets. 82.3% of Austin homes, San Antonio (82.1%), Dallas (79%) and Houston (77.4%) sold below their original asking price in August.

Median sale prices also fell 6.3% in Austin, 2.6% in Fort Worth, and 1.5% in Houston among Texas metros.

Nationally, 59.5% of homes sold below their original list price in August, while the median sale price rose 2.2% year over year to $398,596.







2. Houston and Dallas draw more out-of-town renters
A new Zillow analysis of rental listing page views found that out-of-town interest is growing fastest in Houston among Texas metros — an early signal of where relocation demand may be heading next.

Houston's out-of-town rental search share climbed 3.4 percentage points year over year to 35.2%, the third-largest increase nationally, while Dallas rose 3 percentage points to rank fifth.

Austin and San Antonio showed the tightest cross-market relationship: San Antonio renters made up 5.7% of Austin's out-of-town page views, while Austin renters accounted for 5.3% of San Antonio's.

09/09/2026

This month stats. Still in a buyers favor. What are you waiting for?

09/02/2026

09/02/2026

https://www.mymetrotex.com/wp-content/uploads/2026/08/Denton-County_Housing-Report_July-2026.png
Denton County numbers are down on price and closed sales. Days on market are up and inventory is up as well. Good news for buyers not so much for sellers.

09/02/2026

https://www.mymetrotex.com/wp-content/uploads/2026/08/Collin-County_Housing-Report_July-2026.png
Collin county housing numbers. Prices are down, inventory is up, closed sales are down and days on market are up. Not great news for sellers but good news for buyers!