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 […]
Selling Patterns are Shifting — but Spring is Still Best
Economic uncertainty could slow sales during the peak season, but listing in April or May remains a good bet. In some metros, selling season starts now. Key points: While the economy remains uncertain heading into peak homebuying season, two new reports are providing some insight into when sellers should consider listing in order to maximize […]
REALTOR® Day at the Texas Capitol: Meet Your Texas Legislators!
Your opportunity to connect directly with REALTOR®-endorsed state legislators and engage in open dialogue about the issues impacting our industry is just around the corner. Join us in Austin for REALTOR® day at the Capitol on March 26th to make your voice heard and advocate for the future of real estate. You can see information […]
Laissez Les Bons Temps Rouler!
Let the good times roll on Saturday, April 5, at this charity cookout benefiting the REALTORS® Relief Foundation! Bring your friends and family for a laid-back afternoon filled with crawfish, BBQ, smoked gator, cold drinks, and live music—all while giving back to a great cause. Whether you’re here for the food, the fun, or the […]
The Housing Market is Improving, but Buyers Are Anxious
While they’re showing more interest, economic volatility and uncertainty about the future could keep buyers from pulling the trigger on a home purchase. Key points: Housing market data continues to point toward better days for homebuyers, but uncertainty about the future could keep them sidelined. Mortgage rates averaged 6.65% this week according to Freddie’s Mac’s […]
Instant Reaction: Mortgage Rates, March 2025
Facts: The average 30-year fixed mortgage rate from Freddie Mac fell to 6.63% from 6.76% last week. At 6.63%, with a 20% down payment, the monthly mortgage payment totals $2,050 for a home priced at $400,000. With a 10% down payment, the typical payment would be $2,306. Positive: This is the lowest rate for the 30-year fixed […]
Falling Rates ‘A Strong Incentive’ for Buyers to Act
The 7-week streak of declines could “spur on the housing market” this spring — but so far, sales lag behind last year’s pace as economic uncertainty looms. Key points: Mortgage rates have fallen for a seventh straight week — will that be enough to kickstart home sales, or will other factors keep buyers sidelined? Those […]