The Dallas area’s housing market has heated up as mortgage rates have cooled

MetroTex Association of Realtors | October 25, 2019

The Dallas area’s housing market has heated up as mortgage rates have cooled
The map of Dallas-area home sales is less in the red these days. That’s because lower mortgage rates have sent more buyers into the local housing market during the last few months. While more than a dozen local residential districts have had fewer home purchases this year, many Dallas-area neighborhoods are seeing a rise in purchases as home loan interest rates have fallen.

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THIS PAPER HAS BEEN PRODUCED AS PART OF THE URBAN LAND INSTITUTE’S Urban Resilience Program, which is generously supported by the Kresge Foundation and the ULI Foundation. The Urban Resilience Program works to help communities prepare for increased climate risk in ways that allow not only a quicker, safer return to normalcy after an adverse event, but also an ability to thrive going forward. Through careful land use planning, wise investment in infrastructure, and smart building design, we can protect the value we have created in our cities and make them more robust when facing adversity.

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Spotlight

THIS PAPER HAS BEEN PRODUCED AS PART OF THE URBAN LAND INSTITUTE’S Urban Resilience Program, which is generously supported by the Kresge Foundation and the ULI Foundation. The Urban Resilience Program works to help communities prepare for increased climate risk in ways that allow not only a quicker, safer return to normalcy after an adverse event, but also an ability to thrive going forward. Through careful land use planning, wise investment in infrastructure, and smart building design, we can protect the value we have created in our cities and make them more robust when facing adversity.