Jim Gaines
Prices are up and inventory is down, which is not news to anyone in the North Texas real estate industry. However, the price of a new home in the Dallas-Fort Worth region continues to skyrocket, too. New numbers from Texas Realtors and Dallas-based HomesUSA.com show the median sales price of an existing home in the…
Read MoreWhen I rang up Dr. Jim Gaines, a research economist at the Texas Real Estate Research Center at Texas A&M, it must have been something of a Groundhog Day or déjà vu situation for him. He’d just discussed this same subject with a fellow economist and a room full of Fort Worth real estate professionals.…
Read MoreIn the wake of a pandemic, a costly 2021 winter storm, and a war in Ukraine, state and local officials say growth remains strong in Texas, but they’re concerned about the supply chain and potential construction setbacks. “If we can’t build homes, then the growth is going to stop,” said State Rep. Jeff Leach, R-Plano,…
Read MoreAs conflict escalates in Ukraine, the Dallas housing community is left wondering how to help, what to do, and what the lasting effects will be on the local industry. Texas Sen. Nathan Johnson, D-Dallas, and Rep. Jeff Leach, R-Plano, will address the state of the housing industry at a summit on March 23 organized by…
Read MoreActive listings in the Dallas-Fort Worth-Arlington market were down 37 percent, matching a statewide trend in the third quarter, according to the Texas Quarterly Housing Report.
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