A new Realtor.com survey indicates homeowners thinking about selling are closely monitoring mortgage rates as they await the right moment to enter the market. Mortgage rate sensitivity — especially concern that already high mortgage rates might continue ticking upward — could play a key role in seller behavior in the coming months. According to a […]
Brokerages Boosted Sales in 2024 Despite Tough Market
The combined market share of the top 1,000 U.S. brokerages rose last year, with some firms doubling — or even tripling — sales volume, according to T3 Sixty. Big brokerages are getting bigger, capturing more market share in 2024 even as overall transactions declined year-over-year. Following last week’s sneak peak at the top 10 firms, T3 Sixty […]
How Would Privatizing Fannie Mae, Freddie Mac Impact Buyers?
As the FHFA signals an interest in loosening control of the GSEs, experts predict mortgage rates would rise as a result — but the increase might be temporary. Key points: Among the many economic changes that President Donald Trump has implemented in the first several weeks of his administration, one that could create big shifts […]
Agents Are Making More Money Despite the Tough Market
Key points: While persistent real estate agents are finding success in a slow market, concern for the future is growing as several potential headwinds threaten to make their jobs even more difficult. Redfin’s latest industry survey found that most agents earned more money in 2024. The biggest jump was among agents making six figures: The percentage […]
NTREIS Announces New CEO
North Texas Real Estate Information Systems, Inc. (NTREIS), the premier multiple listing service (MLS) in North Texas, is pleased to announce Chris Carrillo as its next Chief Executive Officer (CEO). Carrillo comes to NTREIS as a proven leader, currently CEO of Metro MLS in Milwaukee; Carrillo will join NTREIS on June 1, 2025. “The real […]
MetroTex and CCAR Approve Plan of Merger
On March 27, 2025, the Collin County Area REALTORS® and MetroTex Association of REALTORS® Board of Directors voted to approve a Plan of Merger. This vote allows both associations to participate in a due diligence period. By merging the two strongest associations in the region, we hope to take a significant step forward for the […]
NAR’s March 2025 Real Estate Forecast Summit: Residential and Commercial Update
According to the National Association of REALTORS®, the housing market could be in for some movement over the next couple of years. Existing-home sales are forecasted to increase by 6% in 2025 and 11% in 2026, and home prices may continue to rise at a moderate pace. Mortgage rates, currently around 6.4%, are projected to […]
Property Shield: Your Secret Weapon Against Listing Scams
Let’s face it—rental fraud is getting smarter. Fake listings, impersonated agents, and online scams are becoming a real threat to your business and your clients. In fact, over 318,000 fraudulent listings were removed by Property Shield in 2024 alone. That’s why MetroTex is excited to offer Property Shield—a new fraud detection tool that’s now available […]
In Memoriam: Mike Bowman
It is with great sadness that we are reporting the passing of Mike Bowman, President and Chief Executive Officer for Century 21 Mike Bowman, Inc. He began his Real Estate career in 1969, opened his first office in 1971, and joined the Century 21 System in 1975. Mike built the company to over 200 agents […]
Fed Leaves Rates Unchanged, Forecasts 2 Cuts Later In the Year
Economic factors could cause the Federal Reserve to change course, but heading into the spring homebuying season, mortgage rates are likely to remain stable. As expected, the Federal Reserve didn’t adjust interest rates following its meeting on Mar. 19 — but the Fed chair did express concerns about future inflation and slowing economic growth. The […]