Updates to Lease Forms, a New Water Notice, and Changes to Paragraph 12A The Texas Real Estate Commission’s Broker-Lawyer Committee (BLC) recently reviewed several important contract updates that could impact your transactions. Here’s a breakdown of the latest: 1. Flood Notice No Longer Required for Temporary Leases Following the passage of SB 2349, TREC is […]
Victory for Bill Roth: A Win for Dallas and a Testament to Grassroots Power
We are thrilled to share the exciting news: MetroTex member and past President Bill Roth has officially won his seat on the Dallas City Council in District 11! This run-off victory is not only a milestone for Bill and his team, but also a reflection of the tireless work of countless volunteers, supporters, and community […]
Inventory Is Up — But High Rates Continue to Drag On the Market
Existing home sales slid in April — and the return of 7% mortgage rates isn’t helping the depressed spring buying season. Key points: Economic signals continue pointing to a slow spring for the housing market as elevated mortgage rates keep pent-up demand in limbo. Though mortgage rates had plateaued in recent weeks following a surge in early April, the […]
Richardson Location Closed 5/22
Our Richardson Service Center has had to close for the remainder of today (Thursday, May 22) due to a power outage. We appreciate your understanding and look forward to serving you instead at one of our 5 other MetroTex locations throughout the metroplex for any in-person needs. Discover another location near you.
Rental Beast Launches for NTREIS Subscribers: Training Set for May 14
Rental Beast’s Apply Now feature is officially live for NTREIS subscribers as of May 8, 2025, bringing powerful leasing tools directly into the MLS dashboard and Matrix. This integration helps Leasing and Property Managers streamline the application process with credit and eviction checks, applicant tracking, and faster deal turnarounds. Listings using Apply Now rent 24% […]
New Home Sales Experience ‘Surprising’ Boost
Despite the economic uncertainty that existed even before the White House announced new tariffs in early April, homebuyers appeared to take advantage of last month’s lower mortgage rates by snapping up new — and smaller — homes. New home sales were at a seasonally adjusted annual rate of 724,000 in March, the highest rate since September […]
How Consolidation is Shaping the Real Estate Landscape
Big firms are increasingly absorbing smaller ones, but “it’s still a relatively fragmented industry” — which presents both opportunities and challenges. Key points: If it seems like the big are getting bigger in real estate, that’s because they are — which makes competition more expensive and scale more important than ever. But a look beyond the numbers […]
Sellers Motivated by Rates, Bullish on Sale Prices
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 […]