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    Hot Properties

    Real estate authority asserts Dallas is second hottest U.S. market right now

    Jonathan Rienstra
    Mar 6, 2015 | 4:03 pm

    As the spring homebuying season approaches, the Dallas-Fort Worth market is expected to be the second-hottest in the country behind only Waco, according to experts at Realtor.com. By examining the median age of housing inventory in February and traffic on the site, Realtor.com’s chief economist Jonathan Smoke says these two Texas markets are primed to lead the pack.

    The median age of housing inventory in Dallas-Fort Worth-Arlington is 62 days. That’s the best in Texas and 41 days shorter than the national average of 103. Although Waco doesn’t appear in the top 20 on that list, it earns the title as hottest projected market because of online activity.

    Active Waco listings on Realtor.com are viewed, on average, 335 times — the highest in the country. Dallas comes in second, at 219 pageviews per active listing. To put that in perspective, the national average is 73 pageviews per active listing. No other Texas market made the top 20.

    Smoke says that for Dallas, both metrics indicate that buyers are gearing up to hit a market that sellers are taking advantage of.

    “It’s a good measure that supply is getting tighter when you see that the age is getting lower, then demand is increasing faster than supply,” he says. “It’s a two-edged sword. It’s great if you’re an existing homeowner or seller, but it’s what’s behind prices accelerating and declines in affordability.”

    The supply issue is affected by an inventory that shrank 30 percent between January 2014 and January 2015, as there were 16,000 homes available for sale in the area at the beginning of 2015.

    “It is tight,” Smoke says. “It’s an issue broadly across the U.S., and one way to characterize what we’re seeing in Dallas is that it’s following the national trend but more intensely.”

    Smoke says that there is relief for buyers on the horizon, because February’s inventory is expected to be up from January when the full numbers come in later this month.

    “Typically you see an inventory increase this time of year,” he says. “Warmer markets get prepared for the spring selling season. There’ll be a large number of listings in March; the market is reacting, and inventory is increasing.

    “We think that the inventory is going to be up [in Dallas] about 4.5 percent.”

    Here is the complete list of Realtor.com’s 20 hottest markets right now:

    1. Waco, Texas
    2. Dallas-Fort Worth-Arlington, Texas
    3. Santa Rosa, California
    4. Denver-Aurora-Lakewood, Colorado
    5. Vallejo-Fairfield, California
    6. Ann Arbor, Michigan
    7. Fort Wayne, Indiana
    8. Santa Maria-Santa Barbara, California
    9. Charleston, West Virginia
    10. San Luis Obispo et al, California
    11. Columbus, Ohio
    12. Boulder, Colorado
    13. Detroit-Warren-Dearborn, Michigan
    14. Hartford-West Hartford et al, Connecticut
    15. Manchester-Nashua, New Hampshire
    16. San Francisco-Oakland et al, California
    17. San Diego-Carlsbad, California
    18. Charleston-North Charleston, South Carolina
    19. Toledo, Ohio
    20. Boston-Cambridge-Newton, Maine/New Hampshire
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    Tax Hike

    Texans saddled with 7th highest property taxes in nation for 2026

    Amber Heckler
    Feb 17, 2026 | 9:01 am
    house in neighborhood
    Photo by Ronnie George on Unsplash
    The Texas property tax burden keeps going up.

    Property taxes can be a particularly sore subject for homeowners, and a new study has revealed Texans are saddled with the seventh-highest property taxes in the nation.

    WalletHub's annual report, "Property Taxes by State," released February 17, found Texas homeowners will pay a median $4,232 in property taxes in 2026. That's based on the state's median home value of $283,800.

    Last year, Texans were on the hook for a $4,111 property tax bill based on a median home value of $260,400. And Texas residents are expected to pay $360 more on their property taxes this year than in 2024, when the figure was $3,872.

    To determine which states have the biggest and lowest property tax burdens on residents, WalletHub's experts divided each state's median real estate tax payment by its respective median home price. The report then used the resulting rates to extrapolate the annual real estate tax that would be paid on a house valued at $332,700, which was the median value for a U.S. home as of 2024 (the year where the latest data was available). All 50 states and the District of Columbia were analyzed.

    Texas tied with Nebraska as No. 44 in the national ranking of states with the highest property tax burdens for residents right now. Both states have an effective tax rate of 1.49 percent, the data said.

    Still, the property tax burden in Texas isn't as punishing as New Jersey (No. 51), whose residents are shelling out almost $9,600 on their property taxes this year based on a median home value of $454,400. On the opposite end, Hawaii is the state with the lowest property taxes, with residents spending about $2,239 based on a median home value of $839,100.

    The annual property taxes Texans would pay on a $332,700 home (the 2024 U.S. median home value) added up to $4,961, the report said. For added context, the U.S. Census Bureau found the average American household pays $3,119 annually on property taxes.

    Of course, property taxes vary by region, and residents living in Dallas County are familiar with enduring tax hikes. Dallas renters are also affected by rising property taxes despite not owning their homes, WalletHub said.

    "While property taxes may seem irrelevant to the 35 percent of households that rent, that assumption misses the mark," the report said. "Whether paid directly or indirectly, nearly everyone bears the cost of property taxes, as they influence rental prices and help fund state and local governments."

    According to Walltethub, the top 10 states with the lowest property taxes for 2026 are:

    • No. 1 – Hawaii
    • No. 2 – Alabama
    • No. 3 – Nevada
    • No. 4 – Arizona, Colorado, and South Carolina (tied)
    • No. 7 – Idaho
    • No. 8 – Delaware and Tennessee (tied)
    • No. 10 – Utah
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