April Newsletter
It’s Spring!! The housing market is slowing but home prices are still appreciating. Real estate is cyclical and the spring market is traditionally when we see things begin to pick up after the slower winter months. We have the numbers in for March and we are seeing an uptick...
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Why I Still Love Real Estate Appraising
I wrote this blog– 4 Things I Love About Being a Real Estate Appraiser- 10 years ago! So much has changed since that time! We have experienced some very large swings in the market regarding the number of appraisals needed from a very high volume where appraisers couldn’t keep...
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February Newsletter
We are excited to bring you our newsletter in a new format! We share what is happening in the Dallas-Fort Worth/North Texas area. No doubt, higher mortgages have impacted real estate in the past year. The higher rates decrease buying power for consumers which in turn decreases demand....
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Merry Christmas & Happy New Year
As we’re getting ready to say goodbye to 2023 and welcome 2024, we wanted to wish each of you a very Merry Christmas and a Happy New Year! 2023 recap: This year, we saw many changes in the real estate market. The rising mortgage rates slowed down the...
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Market Still Holding On as Low Inventory Persists- February Newsletter
It’s hard to believe that it has been 2 years since we experienced the great Texas Winter Storm when the Texas power grid failed and we went several days without power in our Texas homes that are not built to keep heat. As much as I love the beauty...
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Housing Market Down But Not Out- January Newsletter
Winter is here! Last week we had one evening of beautiful snow that quickly melted away. As I type, we are receiving winter weather watch notifications as we are getting ready for a more dangerous icing event here in North Texas this week. As we prepare for the coming...
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Winter Season- December Newsletter
As we end this year and look to the new, we hope that you had a nice Christmas time and we wish you the best for the upcoming year! This month we celebrate 35 years of the D. W. Slater Company! In honor of 35 years, we have gone...
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Leaves & Prices Are Falling- November Newsletter
Here in North Texas, we are finally starting to see the leaves turning colors and begin falling. It’s pretty but doesn’t last long and soon we will enter the bleak and gray winter months. I tend to make a comparison of the seasons with the housing market but it...
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Turning a Corner- October Newsletter 2022
Happy October and Happy 8th Anniversary to our blog and 7th Anniversary of our newsletter. The first newsletter was published in September 2015. It has evolved since then and it has been fun reporting all of the different things that the North Texas markets as well as national markets...
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Mortgage Rates Impacting Housing- September Newsletter
I am a 7th generation Texan on both sides of my family. I can trace my roots back to the Battle of San Jacinto and the Old Three Hundred . If you are from Texas then you get it. To those that just got here, “Welcome”!! I hope you...
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4 Steps to Upsizing Your Home to Accommodate Your Home-Based Business
Enjoy this guest post from Megan Cooper with Real Life Home. For many entrepreneurs, running a business is the key to self-fulfillment and financial freedom. Starting your own venture can also imply freedom in where you choose to work. If you decide to build a home-based business, you can...
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Is the Sun Setting on High Prices? – August Newsletter
“It is almost impossible to watch a sunset and not dream.” – Bernard Williams We recently had an extended trip to send our son off to college in Colorado. When we returned I snapped this photo of Lake Ray Roberts as we were arriving in our hometown. It was so...
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The Tide is Turning- July Newsletter
We’ve been watching our markets and seeing signs of a slowdown but this past month the signs are getting stronger. We are not seeing a crash. We are not going off a cliff, just a turn of the tide. Our four counties show prices are up from the same...
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How Can Appraisers Dress in This Heat?
It’s summer and in some parts of the country it is getting very hot! Here in North Texas we have been in a heat wave, that seems to have no end in sight. Every day this week heat advisories have been issued and it can be challenging to be...
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June Newsletter-Easing Off the Pedal
When I was a young poor college student, I got a speeding ticket. When the officer asked me how fast I was going, I told him truthfully that I didn’t know. You see my speedometer had stopped working in my car and I didn’t have the extra funds to...
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The Wylie Ax Murder House- Does Murder Impact the Value of Real Estate?
Do you know the story of Candy Montgomery and the ax murder that occurred in Wylie, TX? What happened to the house where it took place? ...
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May Newsletter- Change on the Horizon?
As we have been reporting the last year, the North Texas markets have experienced extraordinary appreciation in housing with very little signs of slowing. The median sale prices have had double digit increases within the past year. This is on top of the increases that we have been experiencing...
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April Newsletter- Markets Still Flying
With mortgage rates now higher than they have been in a decade, are there any signs of a cooling? It is of note that the numbers we are looking at are closed sales from March. Many of those went under contract in February so there is a lag in...
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March Newsletter- Spring in North Texas
March Newsletter- Spring in North Texas The signs of spring are here in North Texas. The weather is beginning to warm and there are buds on the trees, like this redbud tree outside our office window. Not only do we see new growth, but we also see weather instability...
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Tornado Damage in Jacksboro, Texas
On Monday, March 21st a tornado outbreak occurred in several parts of North Texas. One of the worst was the EF-3 tornado that hit the town of Jacksboro. An EF-3 rating means that winds gusted between 136-165 mph. The tornado left a clear path right through the town of...
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Happy International Women’s Day to Women Appraisers!
Today is International Women's Day and I wanted to celebrate the female real estate appraisers that have paved the way before me. I am grateful to know so many women in this industry that can offer support and advice. Thank you!!...
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To Desktop or Not to Desktop? That is The Question
Fannie Mae and Freddie Mac both announced earlier this year the implementation of the use of Desktop Appraisals beginning in March. There has been much discussion and questions regarding these products so I thought I would share some information and thoughts on the topic. Why would the GSEs...
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February Newsletter-Hay, Cold, & Valentines
Market Updates, Appraiser Information and More! Check out the DW Slater Company monthly newsletter! #dwslaterco #realestate...
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January Newsletter- Looking back at 2021
Check out the year end recap for 2021 and the housing markets for 2021 in North Texas & don't forget to check out the Appraiser's Corner! ...
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Appraising in 2022! What Will It Be For You?
Happy New Year! As we begin a new year, I wanted to take a moment to discuss what that may mean. It seems that we don’t really hear much about “New Year’s Resolutions” anymore. Perhaps, it’s because they seem to be impossible. I “resolve” to do this or not do that...
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December Newsletter- Merry Christmas!
This year has been a very busy year for real estate in North Texas with a record number of sales and rapid price appreciation. Mortgage rates remained low this year and supply shortages have increased the price of real estate. This month's stats are from November. ...
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November Newsletter- Markets Slowing? Not So Fast!
Market slowing? Not so fast! -In the last two months, we saw a few signs of cooling in the market, but that didn't last long. All four markets are showing price increases from the previous month with the exception of Dallas County. All four counties...
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Thank You Veterans
We appreciate all veterans and we truly thank you all for your service to our country. In honor of our veterans here is a list of special items available for veterans today: ...
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October Newsletter- Happy Halloween!
Fall is absolutely my most favorite season! I love it when the weather cools down and you start to see the changes in the colors of the leaves. The fact that nothing ever stays the same and that seasons come and go, helps us to appreciate them...
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Palo Pinto County, Texas- Did you know?
This is a rural area that we love to appraise in. The median sales price for residential homes in Palo Pinto County has been appreciating since the pandemic. The pandemic truly created more demand for rural properties. The fresh air and wide open spaces...
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September Newsletter- It’s Fall Ya’ll
Just as we are experiencing a few signs now of the cooling of Fall, we are also seeing some, ever be it so slight, signs of cooling in the real estate markets. We have been experiencing rapid appreciation in our markets due to very high demand for housing and...
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August Newsletter-Slowing Down
We are starting to see a few signs of slowing in our markets as the supply has increased from the prior month, although it be slight and volume has decreased. The frenzied markets have let off the gas pedal a bit, but have not yet put on the...
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July Newsletter – Are prices falling?
On Sunday night we saw a bright fireball falling from the sky. It was a meteor and many others in North Texas witnessed it fall and then explode when reaching the earth's atmosphere. It was unexpected and beautiful. As a skywatcher, I was happy to have observed it....
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Taking Some Time Off
Do you need some time off? This past year has been a time like none other. As we dealt with all of the unknowns, worries, and concerns of the pandemic, appraisers were busy. Busier than ever. The recent article from Freddie Mac reporting on appraiser...
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June Newsletter-Summer is Here
Is the housing market starting to cool? Typically in the summer months, sale volume peaks around June- July. Current market data is yet to show a slowing in the price appreciation or volume. The numbers below are for May. Next month's newsletter will have the numbers...
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How do appraisers adjust for time in rapidly increasing markets?
If you are like me, you are probably tired of hearing the word “unprecedented”. How many times have we said it or read it this past year? What is another word we can use? Remarkable? Extraordinary? Phenomenal? However we describe it, we are currently experiencing rapidly appreciating real estate...
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May Newsletter- Rural Counties Surge
We've seen double digit price growth and supply decline, especially in our rural market areas. Check out this month's newsletter for all the stats!...
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What to Wear?
No this hasn’t suddenly become a fashion blog. This is really for my fellow female appraisers. My apologies guys, some of this might apply to you, but I am really speaking to the gals. The question as to how to dress as an appraiser comes up often so I...
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15 Years of Appraising
This month marks my 15th year of real estate appraising. I clearly remember how nervous I was to quit my teaching job and a steady paycheck to join my husband in his business. ...
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April Newsletter-All Time Low Supply Creating Bidding Wars
Neither the winter storm nor the pandemic has slowed down the housing market as the demand is greater than the supply of homes. The current supply of homes is as low as we have seen as far back as our data goes. Buyers that can't find...
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Thawing Out- February/March Newsletter
We have been publishing this monthly newsletter since 2016. We apologize as we did not get last month’s newsletter out as we were hit with unexpected challenges related to the Texas Winter Storm that impacted our entire state as well as other parts of the US. We, like many,...
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January Newsletter – 2020 Recap
Now that 2020 is in our rearview mirror, we can take a look back and review it. I think we can all agree that this time last year, we had no idea what we were in for. We couldn’t have predicted a pandemic that would disrupt everything in our...
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December Newsletter- Goodbye 2020
Goodbye, 2020! I think that we can all agree that this year has been unlike any that we have experienced and no one saw it coming. As real estate appraisers, we analyze markets, and this year has proved the difficulty of predicting what markets will do....
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Being Grateful – November Newsletter
One of the more surprising things of 2020 has been strong activity in the housing markets. We have seen the highest sales prices within the past three months in Denton, Collin, Dallas & Tarrant counties....
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October Newsletter-Happy Halloween!
Are you ready for Halloween? We have some fun articles for you in this months newsletter, as well as how the North Texas markets are fairing...
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8 Reasons the Barndominium Is Gaining Popularity in North Texas – by Don Howe
We wrote about barndominiums last year, as we have been seeing more and more of them in North Texas. These are a new concept to many. Enjoy this guest post from Don Lowe, creator of Barndominium Life, a barndo enthusiast who aims to educate, inform, and inspire you to...
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September Newsletter- Inventory Falling with the Leaves
Photo by Irina Iriser from Pexels The weather is just slightly starting to cool here in North Texas. It is officially the season of fall and the leaves have started to change, ever so slightly. Soon we will be pulling out our sweaters and jackets! Even though I have lived in Texas...
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Low Supply, Huge Demand, Prices Climb-August Newsletter
Low Inventory, Pent-up demand have resulted in housing prices climbing amidst the pandemic in North Texas. Check out our monthly newsletter...
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Summer Heat Amid a Pandemic-July Newsletter
We are now into the very hot months of summer in North Texas with average temperatures of 96 degrees (not factoring in heat indexes in the triple digits). The housing market has been on a pandemic pause but last month has moved upward. As this pandemic is lasting longer...
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June Newsletter-Summer Time is Here while Supply & Volume Show Big Declines in Housing Market
Today is the official first day of summer. Can you believe it? Spring just really meshed into summer since all of the stay home orders. Nothing this year is normal as we are still in the midst of this pandemic. We hope that you are able to find a...
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May Newsletter- Finding our Way in These Times
As Dickens penned, “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of...
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April Newsletter-From a Distance
We pray you are all safe and well during this unprecedented time of dealing with the COVID-19 virus pandemic. Here in Texas, a disaster proclamation was ordered on March 13th. Then on March 19th Governor Greg Abbott issued more executive orders to mitigate the spread of the virus. This...
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March Newsletter- False Start, Pandemic
Normally, I would have a lovely picture of spring full of discussions of the spring market activity but, as we all know, there is nothing normal going on in our lives right now. We now use the new term “social distancing”, kids are distant learners from home, churches are...
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February Newsletter- Off the Blocks!
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November Newsletter-Happy Thanksgiving
It’s that time of year when family and friends gather together for the season of Thanksgiving. All of us at the DW Slater Company want to take some time to let you know that we are very thankful for you! Our clients, subscribers, and friends! We are thankful that...
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Seasonal Changes- October Newsletter
Want to see the seasonal changes in the Dallas market? Check out our monthly newsletter for interactive charts. ...
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September Newsletter-Fall, Lamenting & Markets
Fall is officially here!– But it sure doesn’t yet feel like it in North Texas. It is still so very hot. Today David was headed to his last appraisal appointment. He looked at his device to see the temperature outside felt like 106 degrees. Whew! We are well on...
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Labor Day Weekend & the Housing Market- August Newsletter
We hope that you have some great plans for labor day weekend. We have had a very busy month of August. We know that you work hard to provide good services or products in your businesses and we hope that you do get to enjoy a little time off...
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What is a Barndominium?
What is a barndominium? Basically, it is a style of home which is typically made of metal construction similar to barns. Sometimes they are attached to barns or workshops similar to the photo above or they could stand alone. These are unique homes and offer a certain...
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The Problems with the Price Per Square Foot Method
Do you know the price per square foot method for determining the value of a property? Do you use it? This is a topic that has been written and discussed much and for good reason. Real estate agents, buyers, seller’s, lenders, or investors all like an easy way to...
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Hurricane Relief- Dorene and Milton
Our thoughts and prayers go out to all of those impacted by the impact of Hurricane Dorene and Milton. Even though the hurricanes are long gone the clean up efforts and impacts are long lasting. There is still much need in these areas. Here are some helpful resources. Appraisers-...
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March Newsletter 🍀
It’s March! They say March comes in like a lion and out like a lamb. So far in North Texas real estate we haven’t seen much of the lion, just a lot of rain! In the real estate market, February wasn’t too different from January, not much lion happening...
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