local news and happenings

February 2025 Housing Report

February 2025 Fort Worth Statistics at a Glance

Zip Codes with the Highest Number of Closed Sales

Fort Worth: 76179 (190 closed sales)
Parker County: 76020 (102 closed sales)
Tarrant County: 76179 (190 closed sales)
Johnson County: 76028 (124 closed sales)

February 2025 Fort Worth Statistics at a Glance

737 - Homes sold in February 2025, 3.8% less than February 2024
$329,900 – Median price in February 2025, 1.5% more than February 2024
3.1 – Monthly housing inventory in February 2025, compared to 2.5 months in February 2024
94 – Average number of days homes spent on the market in February 2025, 12 days more than February 2024
29 – Average number of days to close in February 2025

February 2025 Tarrant Co. Statistics at a Glance

1,501 - Homes sold in February 2025, 6.7% less than February 2024
$348,000 – Median price in February 2025, 1.5% more than February 2024
3.0 – Monthly housing inventory in February 2025, compared to 2.5 months in February 2024
93 – Average number of days homes spent on the market in February 2025, 7 days more than February 2024
29 – Average number of days to close in February 2025

February 2025 Median Home Prices at a Glance

Fort Worth: $329,000
Johnson County: $350,490
Parker County: $440,842
Tarrant County: $348,000

**Source: Greater Fort Worth Association of Realtors

Outlook for the Texas Housing

Credit: NBCDFW

The latest housing report shows more homes on the market in Fort Worth, creating better conditions for buyers. NBC 5 looks at what this means for the spring real estate season.

What Homeowners Need to Know Before Filing Their Taxes

Credit: New American Funding

By Margaret Heidenry

March 7, 2025

Tax season is approaching, and if you own a home, your return may be a little more complicated. However, it could also be much cheaper.

Owning a home unlocks valuable deductions and credits that can lower your tax bill or even boost your refund. But between mortgage interest, property taxes, and energy-efficient home improvements, figuring out what applies to you can feel overwhelming.

Not to worry—we’ve got you covered. Whether you’re filing as a homeowner for the first time or you’re a seasoned tax expert, here’s a guide to navigating your return like a pro.

Mortgage interest deduction: A homeowner’s biggest tax perk

If you’re still paying off your home, you can probably deduct some or all of your mortgage interest. This is often one of the biggest deductions you can get.

Here’s how it works:

If your mortgage was secured before Dec. 15, 2017, you can deduct interest on loans up to $1 million.
If you bought your home after that date, the cap is $750,000 for single filers and married couples filing jointly (or $375,000 each for married folks filing separately).
Refinanced? You can still deduct interest, but only on the part of the loan used to buy, build, or improve your home.

“There are certain requirements for eligibility (including additional requirements for second properties), and the limit for deduction can vary depending on when you first purchased your home,” said Adam Hamilton, co-founder of REI Hub, a bookkeeping software for landlords.

Tip: Keep records of how refinancing funds are used. The IRS doesn’t let you deduct interest on cash-out refis used for things like paying off credit cards—only home improvements count.

Find out more

Cool Things We've Discovered

10 Food Tricks & Tips | Jamie Oliver | Kitchen Hacks

Credit:

Instagram: http://jamieol.com/FoodTube

Easy Recipes to Recreate

Recipes For Spring | Gordon Ramsay's Ultimate Cookery Course

Jump into spring with a double full episode of Gordon Ramsay's Ultimate Cookery Course, filled with a selection of fresh recipes perfect for spring! #GordonRamsay #Cooking Pre-order your copy of Ramsay in 10 here - https://linktr.ee/RamsayIn10 Follow Gordon: TikTok: / gordonramsayofficial Instagram: / gordongram Twitter: / gordonramsay Facebook: / gordonramsay If you liked this clip check out the rest of Gordon's channels: / gordonramsay / kitchennightmares / thefword