Steve Allcorn Real Estate - REMAX DFW Associates

10/08/2026

https://steveallcorn.remax.com/details/?mls=37&mlsid=21405392&ppc=corelistingmachine

10/01/2026

The DFW Real Estate Market Week of September 28, 2026

Mortgage Rates Just Jumped.

Here's What It Means for North Texas.

If you've been house hunting, you probably noticed the change this week. The average 30-year mortgage rate is now 7.28%, up from 7.03% a week ago, according to Freddie Mac. That's the highest it's been since November 2023, and rates have now gone up six weeks in a row.

Why did this happen?

The Federal Reserve raised interest rates last week for the first time since 2023, and hinted that another increase could come before the end of the year. Prices are still rising faster than the Fed wants, and higher gas and oil prices aren't helping. When investors expect higher rates, mortgage rates go up too. Zillow now expects rates to finish the year around 7.1%.

What does that mean for buying or selling a home?

The DFW market was steady before this spike. About 7,300 homes sold across the area in August, a little fewer than last year. The typical home sold for $390,000, roughly the same as a year ago.
But homes are taking longer to sell, almost two months on average. Sellers are getting a bit less than their asking price, and fewer people are signing contracts than last year. As MetroTex put it, "A slower market does not necessarily mean a declining market."
Keep in mind that those numbers came in before rates jumped. The September and October numbers will show us how buyers react.

What about the rest of real estate?

Business real estate in DFW is doing well. Office buildings are filling back up, especially newer, nicer buildings, and rents are rising. Warehouses are in high demand and on track for their best year since 2022. Apartments are filling up quickly too, and 93.8% of units are now occupied. Shopping centers are about 95% full, which ties a record.

Companies keep moving here

An Irish engineering firm, H&MV Engineering, picked Dallas for its North American headquarters and plans to add 1,000 U.S. jobs. Six Flags is moving its headquarters back to Arlington, with the move finished by March 2027. More jobs mean more people, and more people need places to live.

The bottom line

People and companies are still coming to North Texas, and that hasn't changed. What changed is the cost of borrowing money. For buyers, that means less competition and more room to negotiate. For sellers, it means pricing your home for today's market, not last summer's. And if you're not sure what any of this means for you, talk to a professional who can walk you through your numbers.

09/23/2026

The DFW Real Estate Market week of September 21st, 2026

The Fed just did something it hasn't done in three years. Here's what it means for DFW real estate.

Last Wednesday the Fed raised rates. The Federal Reserve raised rates to 3.75%–4.00% on September 16 in a unanimous 12–0 vote, its first hike since July 2023. And it may not be the last: 16 of 18 policymakers expect at least one more increase before year-end.
Mortgage rates moved first. Freddie Mac's 30-year fixed averaged 6.95% as of September 17, up from 6.76% the week before and 6.26% a year ago. That is the highest reading in more than eight months, and rates have now risen four weeks in a row. The next Freddie Mac number comes out tomorrow.

Residential: stable, but slowing down

North Texas came into this spike on solid ground. June single-family sales rose 7% year over year to 8,961, and the median price held flat at $405,000, according to MetroTex. Statewide, the Texas A&M Real Estate Research Center reports that price declines keep getting smaller. July prices were only 0.2% below last year. The same report also warns that pending sales point to weaker August closings. Plano shows how that looks in practice: 188 homes sold there in August, down from 253 a year earlier, at a median of $494,500.
The takeaway: buyers who pause because rates are near 7% give negotiating power to the buyers who keep shopping.

Commercial: DFW keeps outperforming

Rising rates haven't slowed tenant demand. In office, Colliers reports vacancy fell to 19.9% in Q2. That's the first time it has been below 20% since Q2 2023, with 1.4 million square feet of positive absorption. The recovery is lopsided, though. New, amenity-rich buildings are winning the big leases while older corridors like downtown Dallas still carry high vacancy.
Industrial is the standout. DFW leasing hit a record 40.3 million square feet in the first half of 2026, and asking rents reached a new high of $9.19 per square foot, up 13.2% year over year.
Multifamily is turning a corner but still faces a test. Occupancy climbed to 93.8% and average rent to $1,496, per Transwestern. However, more than $2 billion in DFW multifamily loans mature in the second half of 2026. Refinancing that debt in a rising-rate environment is where distress, and opportunity, could show up.

Why DFW keeps winning

Companies keep moving here. DFW has landed more than 100 headquarters relocations since 2018, the most of any U.S. metro. That includes 11 companies in 2025 that moved from high-cost markets like Chicago, New York, San Francisco and Los Angeles. Jobs follow those moves, and rooftops follow the jobs.

Bottom line: Rates are the headwind. People and companies moving here are the tailwind. In DFW, the tailwind has won every cycle so far. Buyers, sellers and investors who understand that will do well this fall.
What are you seeing on the ground? Are your buyers pausing or pushing forward?

09/09/2026

THE DFW REAL ESTATE MARKET: September 9, 2026 Update

The Dallas-Fort Worth market is officially in transition. After years of rapid growth and seller dominance, we're seeing a reset that favors informed buyers and disciplined sellers.

RESIDENTIAL: THE NEW NORMAL

Median listing price holds around $405-445K, with inventory up 6.2% year-over-year to 22,766 active homes. Days on market have stretched to approximately 72 days—up 4.3% from last year. This is the shift: buyers are taking more time, comparing options, and negotiating deliberately.

Here's what matters: starter and mid-tier homes have declined by more than 3% in price, while luxury segment gained 3.5%. Higher-end buyers remain insulated from mortgage rate fluctuations. The market isn't crashing—it's splitting. One analyst noted, "The market has shifted, and while it's still a strong market, it's no longer a seller's free-for-all."

The takeaway for agents: metro-wide statistics can be misleading. Understanding hyper-local trends in each community will be essential for making informed decisions.

COMMERCIAL: ADAPTATION WINS

The DFW commercial market continues to rank as the top market to watch nationally, maintaining its #1 position for the second consecutive year in both commercial and homebuilding prospects. But success no longer goes to those simply growing—it goes to those adapting.

Industrial developers are recalibrating toward build-to-suit and automation-ready facilities. Office landlords are evolving toward highly amenitized, move-in-ready spaces as tenants demand flexibility and speed to occupancy. Multifamily is working through historic supply as demand gradually catches up.

The common thread: users are becoming more selective. Owners who adapt fastest are outperforming.

THE STRUCTURAL ADVANTAGE

Despite market shifts, DFW's fundamentals remain strong. Population growth continues at one of the fastest paces in the country. Corporate relocations remain steady. The region's diversified economy—spanning finance, logistics, healthcare, technology, aviation, and professional services—continues to drive resilience.

One expert captured it well: "The Sun Belt continues to be desirable for employers and employees. The expectation is that's where we'll continue to see population and economic growth."

WHAT THIS MEANS FOR YOU

For buyers: more inventory, more time to decide, less competition overall. Now is a genuinely good time to explore the market.

For sellers: strategic pricing matters. Focus on quality, location, and sustainability features—these are increasingly core drivers for buyer decisions.

For investors: adaptability beats growth. Prioritize premium industrial and multifamily assets, quality office repositioning, and adaptive reuse opportunities.

09/02/2026

The DFW Real Estate Market: Week of September 2, 2026

Dallas-Fort Worth continues to lead nationally, but adaptation is now the game.

While much of the country navigates economic headwinds, DFW ranked as the #1 market to watch for the second consecutive year across both commercial and homebuilding prospects, credited to its diverse economy, relatively affordable cost of living, and easy access to capital. But here’s what’s shifting: 

Commercial: Selectivity Over Growth

The market is no longer being defined simply by growth—it’s increasingly shaped by adaptation. Industrial developers are recalibrating toward build-to-suit and automation-ready facilities, office landlords are evolving toward highly amenitized, move-in-ready spaces, and multifamily is working through historic supply levels as demand gradually catches up. 

The playbook is clear: users are becoming more selective, and owners who adapt fastest are outperforming. 

Class A office: Expect positive effective rent growth for Dallas-Fort Worth. Class B & C: Negative pressure. By summer 2026, Class C space averages near $25/sf, Class B almost $29/sf. 

Residential: The Reset Market

Elevated interest rates have fundamentally reset the math for both sectors, demanding disciplined underwriting and realistic expectations. Transaction volumes have compressed, but a sounder market is emerging. 

Current mortgage environment: 30-year fixed rates in September 2026 range from 6.0% to 6.4%. The guardrail for 2026: quality, location, and sustainability features are increasingly core drivers for buyer decisions. 

The Tailwind: Migration & Corporate Momentum

Dallas attracted 100 corporate headquarters relocations between 2018 and 2024, with financial services further accelerating. Generation Z is migrating to Texas—CBRE noted Dallas ranked 8th in tech talent, with Gen Z projected to account for one-third of the workforce by 2030.  

Bottom line: DFW’s diversified economy and population growth remain structural advantages. Success now goes to operators who stay nimble.

Sources: PwC/CNBC, CBRE 2026 Outlook, Texas A&M Real Estate Research Center, M&D CRE

07/25/2026

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07/23/2026

You won't find a better deal! Take a look at this newly reduced listing in Just Listed!.
- Steve Allcorn #0398438 with REMAX DFW Associates IV
- Contact me at 214.597.2580

Ranch-style,Cul-De-Sac home on a spacious CORNER LOT in t...

07/22/2026

Step inside and enjoy luxury living in Just Listed!. Come see this home at our open house!
- Steve Allcorn #0398438 with REMAX DFW Associates IV
- Contact me at 214.597.2580

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07/22/2026

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07/21/2026

Explore this brand new listing in Just Listed! and make it your dream home today!
- Steve Allcorn #0398438 with REMAX DFW Associates IV
- Contact me at 214.597.2580

Welcome home to the Salado—a beautifully designed B...