Total Texas housing sales increased 2 percent in May but continued to normalize from elevated levels the last few months of 2020 amid constrained inventory, especially for homes priced less than $300,000. The Residential Construction Cycle (Coincident) Index, which measures current construction levels, elevated nationally and within Texas due to improved industry wages, employment, and construction values. The Texas Residential Construction Leading Index, however, decelerated as building permits (weighted by market value) and residential starts decreased and rates on the ten-year real Treasury bill increased. Still, the overall upward trend indicated stable future activity. Houston and Austin reflected statewide fluctuations in weighted building permits and residential starts. Houston's leading index declined, while Austin's metric remained on an upward trajectory. The Dallas-Fort Worth (DFW) and San Antonio indexes also suggested steady construction in the coming months. (For additional housing commentary and statistics, see Texas Housing Insight at recenter.tamu.edu.)​.
Dallas added 17,400 jobs, roughly half of the statewide gain, rebounding from a net loss of 2,600 workers last month amid layoffs in the goods-producing sector. Employment in Austin and Fort Worth grew by 2,300 and 2,000 workers, respectively.

The expectations for mortgages and rent has been so up in the air during the pandemic. And the eviction moratorium was extended (they say the last extension) to July 31.   Here's that info.

​We wrote about what to expect in North Texas!

​click image for more info!

Play along. 
There are prizes. No cheating or googling! Just think it out, friends. email us your answer at:
pat@oreillyhometeam.net

Riddle:
I have lakes with no water, mountains with no stone and cities with no buildings. 
What am I?

It's a seller's market. Maybe new construction is a steady look ahead for you. The numbers and custom set up may make all the sense in the world. Reach out, we'll look for you!

Here are links for a closer look at each!
1319 Lakeridge Lane, Irving 75063


516 Highland Park Drive, Irving, 75061

Call us and we'll chat and start the process with you. Many percentages under 3% these days. And, we know skilled, honest people in all aspects of this work, and they are ready to work for you. Let's see!

I urge everyone to contest the valuation on their property by their county. It is very beneficial to have your property taxes lowered, and you can do this by going to your County Tax Appraisal website. See that we’ve included your county link below. You can do all of this online. 
What you do is claim that your home does not fully compare to the properties in the area. It’ll ask you to submit details. *This is where I would take pictures of everything wrong or outdated in your home. Put everything down and send in the pictures. It will ask you what you think the value of your home is and here it’s helpful to claim it as whatever your taxes are currently.
Ultimately, the good news is your home is going up in value. The bad news is the county wants more money.
Most of the time, if you contest their claim then the county will reduce what they are asking by a little. Your taxes will go up. But usually not the full amount they claiming. IF you protest it! 


http://dallascad.org/
https://www.tad.org/
https://dentoncad.com/
https://www.collincad.org/