Bloomberg

Over Renters on the Rise in Fort Worth

By Seth Fowler / November 22, 2016 /

There is a new buzz word in real estate: Over Renter. This term is used to describe individuals or families that make $150,000 or more annually that choose to rent a home or apartment in lieu of purchasing a traditional home. These high-income renters certainly can purchase a home but elect to pay top dollar…

In Texas, Housing Shortages Driving Up Prices, Starting Bidding Wars, but Trulia "Bubble Watch" Shows Texas Metro Areas as "Overvalued"

By Joanna England / October 28, 2013 /

I know “housing shortage” should sound very ominous, but really, we should be celebrating! Thanks to a growing job market, Texas is adding more workers faster than it can build housing for them. According to this story in Bloomberg News, there are bidding wars all over Texas, with some sellers turning down cash offers that…