In a report released Tuesday, the organization ranked the metro area in its top 10 real estate markets to watch next year, all of which were in the South. The median sale price of a single-family home dropped almost 9% from a record $435,000 in May and June to $396,500 in November, according to the latest housing market report from the Texas Real Estate Research Center at Texas A&M University and North Texas Real Estate Information Systems. Yun predicts foreclosure rates will remain at historically low levels in 2023, less than 1% of all mortgages.