Single-Family Homes, First-Time Homebuyers, and Real Estate Market Trends in Arlington & Mansfield, TX

Buying or selling a home is more than a transaction—it’s a life transition. As a Realtor and Broker here in the Arlington and Mansfield communities, I’ve helped countless families navigate their real estate journey with confidence. Today, I want to share three of the most talked-about topics in our market: single-family homes, first-time homebuyers, and the latest real estate market trends.

Single-Family Homes in Arlington & Mansfield

Single-family homes remain the heartbeat of our local real estate market. These properties continue to attract families who want space, privacy, and the opportunity to put down roots in a neighborhood that feels like home.

In Arlington, you’ll find charming mid-century homes near Lake Arlington and Enchanted Lake Estates, while Mansfield is booming with newer builds and master-planned communities. The demand for single-family homes is strong because buyers value the stability, resale potential, and lifestyle that these properties offer. If you’re looking to invest, buy your first home, or upgrade to your dream property, single-family homes provide long-term security and value.

First-Time Homebuyers Have Big Opportunities

If you’re a first-time homebuyer in Arlington or Mansfield, you’re in good company. Many people relocating to the Dallas-Fort Worth Metroplex choose our area for its affordability, schools, and family-friendly amenities.

Mortgage rates are stabilizing, and new loan programs make it easier to get into your first home. The key is preparation: having your financing pre-approved, understanding your debt-to-income ratio, and working with a trusted Realtor who knows how to negotiate in today’s competitive market. I’ve walked first-time buyers through every step—from finding the right home to explaining the contract in plain language—so that the process feels exciting instead of overwhelming.

Real Estate Market Trends to Watch

The real estate market in Arlington and Mansfield is constantly evolving. Right now, we’re seeing:

• A steady flow of buyers moving from Dallas and Fort Worth into our neighborhoods.

• Increased interest in new construction homes, especially in Mansfield’s developing communities.

• More sellers using professional home staging to stand out in a competitive market.

Even as inventory levels shift, our market remains resilient. Homes that are priced right and marketed well continue to sell quickly, while buyers benefit from more options than they’ve had in recent years. Staying informed on local real estate trends is essential whether you’re buying, selling, or investing.

Ready to Make Your Move?

Whether you’re dreaming about your first home, curious about single-family homes near Lake Arlington, or watching the latest Mansfield market stats, I’d love to be your trusted guide.

📲 Visit Seven Lilies Realty for a personalized home search.

💬 Reach out today—I’m here to make your real estate goals a reality.

DFW Metroplex Housing Report – August 2025

The latest numbers are in, and the DFW housing market is showing signs of balance:

• Median Price: $387,599 – down 2.3% from last August.

• Active Listings: Up 22.4%, with 36,404 homes on the market.

• Closed Sales: Slight increase of 1.6%, totaling 8,246 closings.

• Days on Market: Averaging 89 days (58 to contract + 31 to close), up 7 days year-over-year.

• Months of Inventory: 4.7 months, compared to 4.0 a year ago.

• Market Share: Homes in the $300K–$399K range made up 27.3% of sales.

Bottom line: Buyers have more choices, while sellers face more competition. It’s a market where pricing strategically and presenting your home well matters more than ever.

Why 50% of Homes Are Selling for Under Asking and How To Avoid It

If your selling strategy still assumes you’ll get multiple offers over asking, it’s officially time for a reset. That frenzied seller’s market is behind us. And here are the numbers to prove it. 

From Frenzy to “Normal”

Right now, about 50% of homes on the market are selling for less than their asking price, according to the latest data from Cotality.

But that isn’t necessarily bad news, even if it feels like it. Here’s why. The wild run-up over the last few years was never going to be sustainable. The housing market needed a reset, and data shows that’s exactly what’s happening right now.

The graph below uses data from Zillow to show how this trend has shifted over time. Here’s what it tells us:

• 2018–2019: 50–55% of homes sold under asking. That was the norm.

• 2021–2022: Only 25% sold under asking, thanks to record-low rates and intense buyer demand.

• 2025: 50% of homes are selling below asking. That’s much closer to what’s typical in the housing market.

Why This Matters If You’re Selling Your House

In this return to normal, your pricing strategy is more important than ever.

A few years ago, you could overprice your house and still get swarmed with offers. But now, buyers have more options, tighter budgets, and less urgency.

Today, your asking price can be make or break for your sale, especially right out of the gate. Your first two weeks on the market are the most important window because that’s when the most serious buyers are paying attention to your listing. Miss your price during that crucial period, and your sale will grind to a halt. Buyers will look right past it. And once your listing sits long enough to go stale, it’ll be hard to sell for your asking price.

The Ideal Formula

Basically, sellers who cling to outdated expectations end up dealing with price cuts, lower offers, and a longer time just sitting on the market. But homeowners who understand what's happening are still winning, even today.

Because that stat about 50% of homes selling for under asking also means the other half are selling at or above – as long as they're priced right from the start.

So, how do you set yourself up for success? Do these 3 things:

1. Prep your house. Tackle essential repairs and touch-ups before you list. If your house looks great, you’ll have a better chance to sell at (or over) your asking price.

2. Price strategically from day one. Don’t rely on what nearby homes are listed for. Lean on your agent for what they’ve actually sold for. And price your house based on that.

3. Stay flexible. Be ready to negotiate. And know that it doesn't always have to be on price. It may be on repairs, closing costs, or some other detail. But know this: today’s serious buyers expect some give-and-take.

If you want your house to be one that sells for at (or even more than) your asking price, it’s time to plan for the market you’re in today – not the one we saw a few years ago. And that’s exactly why you need a stand-out local agent.

Bottom Line

You don’t want to fall behind in this market.

So, let's talk about what buyers in our area are paying right now. With local expertise and a strategy that gets your house noticed in those crucial first two weeks, anything is possible.

Want to know what your house would sell for?

Cutting Out the Agent? Here’s Why That Could Cost You Big

Cutting out the agent might seem like a smart way to save when you sell your house. I get it — on the surface, it feels like you could pocket more money. But here’s the hard truth: last year, homes sold with an agent went for almost 15% more than those sold without one. That’s not a small gap, and in today’s competitive market, it’s a difference you can’t afford to ignore.

This Isn’t the Market for DIY Selling

A few years ago, you might have gotten away with sticking a “For Sale By Owner” sign in the yard and winging it. Back then, homes were flying off the market and buyers were pulling out all the stops.

But that’s not the case anymore. With more homes for sale now than we’ve seen in years, this is no longer a “list it and they will come” market. You need strategy. You need skill. And you need someone in your corner who knows exactly how to position your home so it stands out.

I promise — a yard sign and some phone pics aren’t going to cut it.

More Inventory = More Competition

According to Realtor.com, the number of homes for sale in July hit the highest level for that month since 2019. That means buyers have choices, and they’re going to compare your home to others on price, condition, photos, location, and more.

Selling today requires:

• The right pricing strategy to attract qualified buyers

• Expert advice on prepping and staging to make your home shine

• Pro-level marketing that gets your property in front of the right audience

• Skilled negotiation to protect your bottom line through offers and inspections

If you skip any of these, you’re likely going to feel it — and not in a good way — when it’s time to close.

Why More Sellers Are Calling in the Pros

The numbers speak for themselves: a record-low number of homeowners sold without an agent last year, according to the National Association of Realtors. And of the ones who tried FSBO? Zillow says 21% ended up hiring an agent anyway after struggling to sell.

As the broker/owner of Seven Lilies Realty, I’ve seen it firsthand — sellers start out thinking they’ll save money, but end up spending more in lost value, wasted time, and unnecessary stress.

So why take the risk?

Here’s What You Get When We Work Together:

• Pricing precision that draws in buyers and maximizes your profit

• Expert presentation to highlight your home’s best features

• Powerful marketing tools you simply can’t access on your own

• Negotiation skills to get you the best possible terms

• Local expertise that ensures your listing shines in the current market

Bottom Line

In today’s market, selling on your own isn’t just harder — it’s a gamble with your equity. Many FSBO sellers end up calling in an agent anyway. If you’re going to sell, why not do it right from the start?

Let’s connect so you can have a trusted local pro in your corner — one who knows exactly what it takes to sell your home for the best possible price, without leaving money on the table.

📲 Call or text me today for a professional, no-obligation assessment of what your home could sell for right now.

—

Katherine “Kathy” Rzad, Broker/Owner

Seven Lilies Realty – Results that Move You

Why I Support Clear Cooperation in Real Estate

In a real estate world that’s evolving fast, one thing I’ve always believed in is fairness. That’s why I’m a proud supporter of the National Association of Realtors’ Clear Cooperation Policy.

At its core, Clear Cooperation is about leveling the playing field. When a property is publicly marketed—whether through a yard sign, social media, or any other form of promotion—it must be listed in the MLS within one business day. This ensures that every buyer and every agent has equal access to the same information, at the same time. No secrets, no hidden listings, no behind-the-scenes deals. Just transparency.

I believe that buyers and sellers alike deserve to know they’re working within a system that values integrity. Clear Cooperation helps ensure that the spirit of cooperation in our industry remains strong. It encourages us as professionals to work together, not around each other.

In a time when trust in real estate matters more than ever, policies like this are a step in the right direction. As a broker and someone who has always put people before transactions, I see Clear Cooperation as a tool for protecting the public and preserving professionalism in our industry.

If you have questions about what this means for you as a buyer or seller, I’m always happy to chat.

With gratitude,

Kathy Rzad

Broker | Seven Lilies Realty

The Mortgage Market is Shifting: Here's What You Need to Know

At Seven Lilies Realty, we are always keeping an eye on the latest market trends to provide you with the best advice and insights. The mortgage market is currently showing signs of a shift, and here’s a quick rundown of what’s happening:

Mortgage Rates

Mortgage rates remain in the low-to-mid 6% range, a significant increase from the pandemic lows of 3-4%. During the height of the pandemic, we saw historically low mortgage rates, but those days seem to be behind us for now. The current rates, while higher than before, are still considered favorable when looking at the broader historical context.

Home Prices

Home prices on a national scale continue to grow, but there are some interesting variations at the local level. While many markets are still experiencing price increases, some areas are seeing surprising dips. This can create unique opportunities for buyers who are looking to enter the market in those specific regions.

Buyer Activity

Applications for purchase mortgages are down compared to even last year’s modest levels. This decrease in buyer activity is partly due to the higher mortgage rates, which have made financing a home more expensive. As a result, some buyers are choosing to wait, hoping for better conditions in the near future.

Potential Shift

There is growing speculation that we might see a shift in the near future. The recent slowdown in inflation has increased speculation of a Federal Reserve rate cut later in 2024. If this happens, we could see mortgage rates come down again, potentially reigniting buyer activity and making home purchases more affordable.

Market Outlook

The current market is in a bit of a wait-and-see mode. While buying conditions are less favorable than they were a year ago, there could be significant opportunities for those who are patient and ready to act when the conditions improve. If you're considering buying a home, staying informed and being prepared to move quickly can position you well for when the market shifts.

At Seven Lilies Realty, we are committed to helping you navigate these changing times. Whether you’re looking to buy, sell, or simply understand the market better, our team is here to provide you with the guidance and support you need. Keep an eye on our blog for more updates and insights into the real estate market.

Information in this blog post came from Loandesk Mortgage, a sister company of Radius Agent Realty.

Embracing a New Chapter: Serving as a Director on the MetroTex Association of Realtors Board

I am thrilled and deeply honored to announce that I have been appointed as a Director on the Board of the MetroTex Association of Realtors for the term 2025-2027. This incredible opportunity to represent our vibrant community of real estate professionals is both humbling and exhilarating.

A Journey of Dedication and Passion

For those who know me, real estate is more than just a profession—it's a calling. From my early days as a Realtor to my current role in running Seven Lilies Realty here in Arlington, Texas, my journey has been fueled by a passion for helping clients find their perfect homes and a commitment to upholding the highest standards of our industry.

Relocating to a new city and re-establishing myself as a residential listing agent has been a rewarding challenge. It has strengthened my resolve to serve our community with integrity, expertise, and a heartfelt dedication to excellence.

Representing Our Community

As a Director on the MetroTex Association of Realtors Board, I am excited to bring a fresh perspective and a wealth of experience to the table. Our association plays a crucial role in advocating for the interests of Realtors, ensuring that we have the resources, education, and support needed to thrive in an ever-evolving market. I look forward to collaborating with my fellow board members to enhance our professional standards, foster innovation, and strengthen the relationships within our real estate community.

Looking Ahead

The next few years promise to be an exciting time for MetroTex, and I am eager to contribute to the initiatives that will shape the future of our association. From championing educational programs and professional development opportunities to advocating for policies that benefit our industry and our clients, I am committed to working tirelessly for the betterment of our membership.

I am deeply grateful for the trust and support of my colleagues and peers who have encouraged me to take on this leadership role. Together, we will continue to elevate the standards of our profession and ensure that the MetroTex Association of Realtors remains a beacon of excellence and innovation in the real estate industry.

Join Me on This Journey

I invite you all to join me in this exciting new chapter. Your insights, feedback, and support are invaluable as we work together to achieve our shared goals. Thank you for being part of this incredible journey, and here's to a bright and prosperous future for all of us in the MetroTex Association of Realtors!

With heartfelt gratitude and unwavering commitment,

Katherine Rzad

Director, MetroTex Association of Realtors (2025-2027)

Broker, Seven Lilies Realty

Navigating the Summer Housing Market: What Buyers Need to Know

As we move into the summer of 2024, the real estate landscape presents a mixed bag of challenges and opportunities for buyers. While higher interest rates have somewhat cooled buyer activity, there are emerging signs that we could see an uptick in sales over the next few months. For those looking to buy, here's what you need to know.

Interest Rates: A Persistent Challenge

Mortgage rates have remained elevated, staying in the low-to-mid 7% range for the past eight weeks. The Federal Reserve’s cautious stance on inflation has meant that those hoping for a reduction in borrowing costs will likely have to wait until next year. While these rates are higher than what we've seen in recent years, they are still manageable with careful financial planning and realistic expectations.

Purchase Applications: A Decline but Not a Defeat

It's no secret that purchase applications have decreased compared to even the modest spring of 2023. This decline reflects the caution many buyers are feeling in the current economic climate. However, this downturn also presents an opportunity. With fewer buyers in the market, those who are prepared and pre-approved can find themselves with more negotiating power and potentially less competition.

Home Prices: Growth Continues Amid Affordability Concerns

Despite the cooling effect of higher interest rates, home prices continue to grow in 93% of markets. This persistent growth underscores the resilience of the real estate market, but it also highlights the affordability challenges many buyers face. To navigate this, first-time homebuyers and others need to be strategic. Looking into different types of financing, exploring various neighborhoods, and being flexible with must-have features can help find a home that fits both needs and budget.

Inventory is Rising: More Options for Buyers

One of the more encouraging trends is the rise in inventory. More homes on the market mean more options for buyers. This increase in supply can help temper price growth and provide a wider array of choices, making it a potentially good time for those ready to buy. It’s important to stay active in your search and to work closely with a real estate professional who can provide insights and updates on new listings.

Dallas-Fort Worth Metroplex Market Update: April 2024

In the Dallas-Fort Worth Metroplex, the median price is now $405,000, marking a 1.5% increase year over year. Active listings have surged by 45.7% compared to last year, offering buyers more choices. Closed sales have also risen by 8.1% year over year, indicating a healthy level of buyer activity. Homes are staying on the market for an average of 80 days, which is 4 days less than in April 2023. With 3.2 months of inventory, the market is balanced, offering equal opportunities for both buyers and sellers.

First-Time Homebuyers: A Beacon of Enthusiasm

First-time homebuyers remain enthusiastic, driven by the desire to invest in their future and secure a place to call their own. This demographic is often the lifeblood of the housing market, and their continued interest is a positive sign. For first-time buyers, education and preparation are key. Understanding the market dynamics, being realistic about affordability, and having a solid financial plan can make the buying process smoother and more successful.

Looking Ahead: Strategic Planning is Key

As we navigate this unique summer market, strategic planning and flexibility are essential. While higher interest rates and affordability challenges are real, the increase in inventory and the resilience of first-time buyers provide a balanced outlook.

For those considering buying this summer, now is the time to stay informed, be prepared, and work closely with your real estate agent to seize opportunities as they arise. The market may be complex, but with the right approach, your homeownership goals are within reach.

Remember, every market presents its own set of challenges and opportunities. With careful planning and the right guidance, you can navigate this summer's housing market successfully. Happy house hunting!

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About the Author: Katherine Rzad

Katherine Rzad is a seasoned Realtor focused on establishing herself as a premier residential listing agent in her new city. With a deep understanding of market dynamics and a commitment to client success, Katherine is dedicated to helping buyers and sellers navigate the complexities of real estate with confidence. Explore more insights and real estate tips from Katherine at Seven Lilies Realty.

How Election Years Impact the Real Estate Market

As we move through an election year, at Seven Lilies Realty, we are often asked how political events might influence the real estate market. Understanding these potential impacts can help both buyers and sellers make informed decisions. Here's a look at some key factors to consider:

Economic Uncertainty

Election years often bring a degree of economic uncertainty. With potential changes in leadership and policy, many people are cautious about making significant financial commitments. This uncertainty can lead to a temporary slowdown in the real estate market as buyers and sellers wait to see the outcome and its potential impact on the economy.

Interest Rates and Financial Policies

One of the most significant concerns during an election year is the potential change in fiscal and monetary policies. These changes can directly affect mortgage interest rates. For example, if there is speculation that rates might rise after the election, buyers may rush to secure current rates, leading to a short-term boost in market activity. Conversely, if a rate drop is anticipated, buyers might hold off on their purchases.

Consumer Confidence

Consumer confidence is a critical driver of the real estate market. During an election year, consumer confidence can fluctuate based on political campaigns and media coverage. Optimism about the election outcome and future economic stability can encourage more people to buy homes. In contrast, widespread uncertainty or pessimism may cause the market to slow down as people adopt a wait-and-see approach.

Policy Changes

Elections often bring discussions about potential changes in tax policies, housing subsidies, and regulations. For instance, proposed adjustments to mortgage interest deductions or property taxes can significantly influence buying and selling decisions. Buyers and sellers might adjust their strategies based on these potential changes, impacting market dynamics.

Market Activity

Historically, real estate market activity can experience a lull in the months leading up to an election. This slowdown is often due to the uncertainty surrounding the election's outcome. However, once the results are in, there can be a surge in activity as confidence is restored, and people move forward with their real estate plans.

Regional Variations

It's important to note that the impact of an election on the real estate market can vary by region. Local economic conditions, political leanings, and specific issues relevant to an area can all play a role in how the market responds. Some regions may experience more pronounced effects, while others may see minimal changes.

Navigating the Real Estate Market During an Election Year

For both buyers and sellers, staying informed and working with experienced real estate professionals is crucial during an election year. At Seven Lilies Realty, we monitor market trends closely and provide our clients with the insights they need to make well-informed decisions. Whether you're looking to buy or sell, our team is here to help you navigate the complexities of the real estate market during these uncertain times.

Feel free to reach out to me for personalized advice and support. Together, we can ensure that you make the best real estate decisions, no matter the political climate.

By understanding these dynamics, you can better prepare for the unique challenges and opportunities that an election year presents in the real estate market. At Seven Lilies Realty, we're committed to helping you thrive in any market condition. Contact us today to learn more about how we can assist you with your real estate needs.