Economy

When Homes Shrink, What Does It Mean For the Economy?

By Bethany Erickson / June 1, 2019 /
homes

It was a Tweet that had us sitting up and paying attention, as the National Association of Home Builders pointed out last week that although homes got slightly larger from the fourth quarter of 2018 to the first quarter of 2019, sizes are still declining. Median new single-family home floor area ticked up to 2,355…

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How Hard Is It To Sock Away a Six-Month Emergency Fund in Dallas?

By Candy's Dirt / May 18, 2019 /
emergency

From staff reports It takes more than two years to sock away enough money to address a six-month emergency fund in the Dallas metro area, a new Bankrate.com report revealed. The area ranks 15th hardest of the top 50 metros when it comes to building a six-month emergency savings fund. That fund would be able…

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Housing Industry Braces For More Tariffs Amid Affordability Crisis

By CandysDirt.com Contributor / May 17, 2019 /

By Phil Crone Executive Officer Dallas Builders Association In the midst of a nationwide, 10-year low in affordability, the housing industry is bracing for additional tariffs. From tile to countertops, laminates, lighting, and furnishing, about 450 products commonly found in new homes and remodeling projects are seeing tariffs rise from 10 percent to 25 percent…

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State Economy Growing, Job Numbers Continue to Increase

By Bethany Erickson / April 29, 2019 /
economy

As the state economy grows and employment continues to rise, how are new home sales in North Texas faring? We have the answers in this week’s roundup of real estate news. Texas Economy Still Growing Faster Than Nation The Texas economy is still going like gangbusters, adding 271,000 nonagricultural jobs year-over-year in March, the Texas…

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Health Insurance Impacts Timely Rent, Mortgage Payments, Report Says

By Bethany Erickson / December 15, 2018 /
mortgage

It’s not unusual to see GoFundMe or other crowdfunding efforts for someone who, facing a catastrophic health crisis, can’t afford to pay their rent or mortgage. But until now, those incidents remained anecdotal. But a study released this year by Emily A. Gallagher, Radhakrishnan Gopalan, and Michal Grinstein-Weis, professors and researchers at the University of…

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