Dallas Mayor Mike Rawlings
City Council took up the long in the tooth Lincoln Katy Trail project at Wednesday’s evening meeting after failing City Plan Commission in November. In an attempt to sweeten the deal to an affordable housing-hungry city council, Lincoln raised their affordable component from five percent to 15 percent (from 15 to 45 units). And many…
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Here’s the net-net of the proposed Republican plan to “lower” our taxes. Mortgage interest deductions would be capped at mortgages $500,000 or less (half the current $1 million) for primary residences. Mortgage interest deductions for second homes would simply vanish. You may be thinking this doesn’t sound bad and you may be mostly right. While…
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This is one of the biggest pickles Dallas, or really any U.S. city, has been in. As we have mentioned, the police and fire pension is asking the taxpayers of Dallas to make up a $1.1 billion shortfall. At the same time, the police are SUING Dallas for $4 illion in back pay, IF they…
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How badly has our real estate market been harmed by this news? Why did he wait until now, or was Rawlings’ timing impeccable? The news about Dallas’s Police and Fire Pension System goes from bad to worse. And it continues to be negative national news that could potentially hurt our housing market. In particular, the…
Read MoreIf tornadoes are not bad enough — and they are really, really bad –— we have to worry now about earthquakes in North Texas. With the recent identification by seismologists of the two-mile fault line near the Trinity River at the center of the activity, many homeowners are wondering about the safety of their houses.…
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