December is likely to be another strong home sales month, with more than 7,500 purchases pending, notes Dr. James Gaines, chief economist for the Real Estate Center at Texas A&M University. Through the first 11 months of 2016, area real estate agents sold over 93,000 houses through their multiple listing service — 6 percent more than in the same period last year. "What we are seeing is dramatic," Gaines said. "We kept thinking this year would settle down some, but it hasn't." And predictions for 2017, get ready!
- Dallas Morning News, November and December 2016