low oil prices

Is There a Bubble In Dallas Housing Prices? Zillow Senior Economist Says Nope

By Leah Shafer / February 15, 2016 /

There’s no doubt that Dallas-Fort Worth is one of the hottest real estate markets in the U.S. Zillow recently named it No. 3 in the country, noting a 4 percent unemployment rate and solid income growth. Additionally, the Zillow Home Value Forecast predicts the Dallas-Fort Worth median home value will go up by 5.6 percent in 2016. But some housing analysts and mortgage…

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On MidlandDirt: Texas Housing Market Weathering Drop in Oil Prices

By Leah Shafer / March 20, 2015 /

The Lone Star State isn’t the same place as it was during the big 1980s oil bust, and is better weathering falling oil prices, but further price plunges and worker layoffs could negatively impact home sales and construction. This is according to new research by Texas A&M Real Estate Center research economist James Gaines, who…

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