Home Buyers

Here is the most misleading headline in North Texas real estate right now: Dallas-Fort Worth rents are dropping. It is true. It is also nearly useless to you, and if you are a family renting a three-bedroom house in Waxahachie while you wait for something to get cheaper, it may be the most expensive piece of accurate information you read this year. DFW overbuilt apartments, and that glut is dragging...

By Bobby Franklin, REALTOR® | North Texas Market Insider™ | Legacy Realty Group – Leslie Majors Team | Last updated September 17, 2026 At 2 p.m. on September 16, 2026, the Federal Reserve raised interest rates for the first time since 2023, and the bond market barely flinched. Mortgage News Daily reported that the hike had been almost entirely priced in, so bonds held steady through the...

By Bobby Franklin, REALTOR® | North Texas Market Insider™ | Legacy Realty Group – Leslie Majors Team | Serving Ellis County, DFW and Greater North Texas | 214-228-0003 Last updated: September 14, 2026 The most consequential number in the first-time buyer market this year has nothing to do with mortgage rates, and almost nobody selling houses has said it out loud yet. Among first-time buyers,...

14% of U.S. home-purchase agreements that went under contract in July 2026 collapsed before anyone reached a closing table, the highest seasonally adjusted cancellation rate in nearly three years, according to Redfin's July 2026 contract cancellations report. In Fort Worth the figure was 18.1%. In Dallas it was 16.3%. Both sit above the national average., and that is where most national news coverage...

Roughly 34% of Dallas-Fort Worth homeowners currently carry a mortgage rate above 5%, according to UT Arlington's housing research. The mortgage lock-in effect is weakening in DFW, with over a third of homeowners experiencing the opposite. The 30-year fixed climbed to 6.66% this week, a one-year high, per Freddie Mac's Primary Mortgage Market Survey. Every feed is running that headline, and it will...

By Bobby Franklin, REALTOR® | North Texas Market Insider™ | Legacy Realty Group – Leslie Majors Team Published May 2026 | Reading Time: ~22 minutes If you’ve been using ChatGPT to research a home purchase, asking it which neighborhoods to consider, which agents to trust, which markets are worth your money, something changed on February 9, 2026 that you need to understand. That’s the...

By Bobby Franklin, REALTOR® | North Texas Market Insider™ | Legacy Realty Group – Leslie Majors TeamServing Waxahachie, Midlothian, Ennis, Red Oak, and the greater Ellis County and DFW MetroplexUpdated: May 2026 | Reading Time: ~20 minutes Here’s what I want you to understand before you read a single word of this article: the people waiting on the sidelines for rates to “come back down”...

Published: April 2026 | Reading Time: ~18 minutes The Chart Going Viral on Reddit Is Real. The Panic Around It Isn’t. There’s a chart making the rounds on Facebook and Reddit right now that’s scaring the daylights out of homeowners across America. A red “NOW” stamp sitting at the bottom of a 25-year range. A line that looks like the housing market just walked off a cliff....

Published: April 2026 By Bobby Franklin, REALTOR® | North Texas Market Insider™ | Legacy Realty Group – Leslie Majors Team | Serving Ellis County, Waxahachie, and the Greater DFW Metroplex You saw the viral social media post. “40 New Laws Have Gone Into Effect in Texas in Order to Attract More Residents to the State.” And you probably thought what most people think: Is that even...

The Federal Reserve just held rates steady in March 2026. And I want to tell you something that most agents in this market are not going to say out loud: This is the moment you’ve been waiting for and most sellers are going to miss it. Not because the market is exploding. Not because rates dropped to 3%. Not because buyers are lining up around the block the way they were in 2021. The opportunity...