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Buyers and Sellers

Neighborhood Revitalization Award

Nominations must be submitted by September 14 to be considered for the October 5 awards.

This award is presented twice a year to property owners that have completed a project that enhances the surrounding area. The project could be residential or commercial, a rehab/remodel/rebuild of a structure that improves the surrounding area, or new construction in an area that will be revitalized through its addition to the neighborhood. The committee prefers that the work was done within the past 18 months. The awards will be presented to recipients at two Greater Fort Worth Association of Realtors luncheons, will receive recognition to all of our 3,500 members, and will be featured in a press release following the presentation. To nominate a property for the award, please complete the application below and submit no more than 12 before and after photos of the interior and exterior of the property with the application. Our committee is excited to see the amazing property that you nominate! For questions, contact Alyssa Born with GFWAR at 817-336-5165, ext. 112, or a.born@ gfwar.org.

Click here to access the Neighborhood Revitalization Award application.

August 2018 Fort Worth Housing Report

Fort Worth home sales increased 0.8 percent to 1,214 homes in August 2018. The median price for Fort Worth homes increased 2.7 percent year-over-year to $220,000 in August 2018.

“Based on the numbers from the last few months, our market appears to be leveling,” said J.R. Martinez, 2018 President of the Greater Fort Worth Association of REALTORS®. “Fort Worth still has a strong real estate market when compared with national numbers. The increased number of listings provides greater opportunities for buyers.”

Fort Worth’s monthly housing inventory was 2.6 months in August 2018, .3 months more than the year prior. The Real Estate Center at Texas A&M University cites that 6.5 months of inventory represents a market in which supply and demand for homes is balanced.

Homes spent an average of 32 days on the market in August 2018, three days more than August 2017. Additionally, active listings increased 19.4 percent to 2,804 listings during the same time frame.

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A Guide to Buying and Selling a Home

Like finding the right house, selecting a REALTOR® you can trust and comfortably work with is paramount. Just as you wouldn't be casual in the selection of your doctor or your attorney, you shouldn't take the selection of your REALTOR® lightly. Indeed, the best way to find such a professional is through recommendations from family and friends. Of course, you should interview several REALTORS® before you choose one. If you're selling your home, you should ask the candidates how they plan to market your home, what pricing advice they can offer, and what other suggestions they can provide to further enhance the desirability of your home.

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Texas international home sales top $18 billion

Posted on August 15, 2017 by Texas Association of REALTORS®

The sales dollar volume of international home purchases in Texas totaled $18.66 billion from April 2016 to March 2017, according to the Texas International Homebuyers Report released today by the Texas Association of REALTORS®. Sales dollar volume from foreign homebuyers nearly doubled compared to the previous period of April 2015 to March 2016.

Texas ranked second in the nation for international home sales volume, with 34,135 home purchases by foreign buyers (a 59% increase over the previous period). Texas accounted for 12% of the 284,455 international home sales nationwide.

“This surge in international home sales activity underscores the growing reputation Texas has as a global destination for owning a home or investment property,” says Vicki Fullerton, chairman of the Texas Association of REALTORS®. “The state’s low unemployment, diverse industry base, and world-class higher education institutions are just some of the reasons why international residents seek to attend college, raise a family, or do business in Texas.”

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