Analysts Hoping the North Texas Real Estate Market has Hit Bottom

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Real Estate Analysis is providing this data as advisory and solely as a point of reference. The data is an amalgamation of data reported to TDHCA in the Part D Owner’s Financial Certifications. For that reason, REA utilizes cleansed data for comparative purposes only.

Another victim of low oil prices has been the housing market. Foreclosures jumped in Texas, Oklahoma and North Dakota last year as job cuts among oilfield workers rapidly grew. RealtyTrac, a real.

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"They have a long way to go before they get back to a positive place," said Doug Hall, director of the Economic Analysis and Research Network, an institute project. Still, Texas has been adding.

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The Houston real estate market took a significant hit when Hurricane Harvey decided to let its presence be known in August of last year. Similar to that of Hurricane Katrina (the natural disaster that leveled New Orleans in 2005), Harvey was responsible for unspeakable tragedy and upwards of $125 billion in damage to the Houston area – enough damage, in fact, that real estate in Houston.

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“The new energy axis runs from Alberta, Canada, down through [the shale fields of] North Dakota and South Texas.to huge offshore. of the International Business Times. Real estate has also been hard.

The real estate market is cooling in parts of North Texas according to realtors and experts while other areas remain just as competitive. The real estate market is cooling in parts of North Texas according to realtors and experts. Two nice houses side-by-side in Frisco are an example according to, Ebby Halliday Realtor Brian Johnson.

– What is going on with the North Texas DFW real estate market? We are solidly in a seller’s market and have been for about the last four years. It’s all about supply and demand.

Real Estate Statistics. NTREIS statistics are posted on or around the 15th of every month. Our quarterly market reports are typically available 6 weeks after the end of the quarter.. 2016 North Texas Real Estate Information Systems.

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