Articles by

Joanna England

If Executive Editor Joanna England could house hunt forever, she absolutely would. Instead she covers the North Texas housing market and the economy for CandysDirt.com. While she started out with the Real Estate Center at Texas A&M University, Joanna's work has appeared in The Dallas Morning News as well as several local media outlets. When she's not knitting or hooping, or enjoying White Rock Lake, she's behind the lens of her camera. She lives in East Dallas with her husband, son, and their furry and feathered menagerie.

07/24/17 9:00am

Mortgage bonds broke through the resistance level and continued to close above the highs from the previous days. The gamble to float last week paid off, but this is a new week with a busy economic calendar. Should you lock or float? Bob Johnson (AKA BobMortgage) shares his opinion in today’s Mortgage Report.

You may know him as Bob Johnson, the senior mortgage advisor at Wallick & Volk, the nation’s oldest privately-held mortgage company. Bob Johnson has helped more than 25,000 families get into the homes of their dreams, in 20 plus years of lending service.

Now with five offices across the DFW metroplex, the nation’s oldest mortgage firm is helping thousands of consumers get into homes with the most up-to-date financial information possible. Wallick & Volk brings experience and integrity into every single loan, but they also deliver a highly personalized touch that conforms to each client’s need. Is it speed of delivery, unique products, total transaction transparency, or great pricing you need? Wallick & Volk has it all in a broker-friendly banking platform that can do the impossible when it comes to home financing.

THIS WEEK: Mortgage bonds broke through the resistance level and continued to close above the highs from the previous days. Bonds now have a clear path to the next resistance level at 103.2. Considering this week’s events, should you lock or float?

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07/21/17 10:00am

There’s finally a name for it: “cute aggression.”

It’s that feeling you get when you see a baby, a kitten or puppy — or in my case, an adorable house — that makes you want to take a little love bite out of it. 

That’s exactly the feeling I got when I first saw 5918 Richmond Ave. It’s a completely adorable cottage in East Dallas’ Belmont Addition that is move-in ready.

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07/20/17 2:55pm

Grenadier Homes in Creekside Estates are perfect for families with school-aged children.

Do you hear that? It’s the sound of hundreds of North Texas teachers groaning as the first “Back to School” advertisements start showing up on websites and billboards. 

For a lot of people, buying a home is closely associated with education, and many times parents (or parents to be) will select a home based on the performance of area schools and the amenities that make family life a little sweeter. Not only does Creekside Estates have outstanding Plano and Wylie schools, but the amenities make it all the more attractive. 

But wouldn’t you prefer a custom home that’s built for your family’s needs? That’s what Grenadier Homes offers.

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In the world of modern, sustainable architecture, Josh Nimmo‘s work gets top billing in our region. His designs can be spotted in some of the most sought-after locations, from gorgeous townhomes in East Village to the M Streets and beyond. So I was rather perplexed to see one of his designs — an incredible one — in Keller of all places.

However, this High Caliber Home of the Week sponsored by Lisa Peters at Caliber Home Loans works so well in this environment that my initial surprise faded rather quickly. Truly, it’s a modern country estate, as described by listing agent Ed Murchison of Virginia Cook Realtors.

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07/17/17 8:26pm

With new home construction getting more expensive and bidding wars erupting over homes on the affordable end of the spectrum, many new transplants to the Dallas-Fort Worth area — approximately 143,000 of them from 2015 to 2016 —are turning to apartments to meet housing needs in the interim. And while we’ve done a less-than-stellar job of keeping the supply of homes for sale on par with demand, an apartment building boom has filled the gap — almost too well, in fact.

With almost 25,000 apartments set to hit the market in before the close of 2017, Dallas-Fort Worth (24,960 units) comes in a close second to New York City (26,739 units) in the march toward more rentals. According to RentCafe’s analysis of data from the National Multifamily Housing Council, apartment construction is at a 20-year high, with 345,000 units slated to hit the market by the end of the year — a 21 percent increase over last year’s deliveries. 

Of course, the hope is that with all of these new apartments reaching completion, rents will soften and stabilize, leading to more affordable rentals. 

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07/17/17 9:30am

Technical and Market related news will drive rates to the resistance level, but will it break through and make a run up to the 103 mark? If you’re a gambling man, you hold and wait for the run up. Bob Johnson (AKA BobMortgage) shares his lock or float position in today’s Mortgage Report.

You may know him as Bob Johnson, the senior mortgage advisor at Wallick & Volk, the nation’s oldest privately-held mortgage company. Bob Johnson has helped more than 25,000 families get into the homes of their dreams, in 20 plus years of lending service.

Now with five offices across the DFW metroplex, the nation’s oldest mortgage firm is helping thousands of consumers get into homes with the most up-to-date financial information possible. Wallick & Volk brings experience and integrity into every single loan, but they also deliver a highly personalized touch that conforms to each client’s need. Is it speed of delivery, unique products, total transaction transparency, or great pricing you need? Wallick & Volk has it all in a broker-friendly banking platform that can do the impossible when it comes to home financing.

THIS WEEK: Are you a gambler? Market news could tempt you to place a bet on mortgage rates as they are driven to the resistance level. Should you lock or float?

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07/14/17 9:57am

The Mansion Park area is one of those neighborhoods chock-full of great properties, and these townhomes are a perfect example of how you can get into a fabulous neighborhood for a less-than-exorbitant price. While these Bud Oglesby-designed, midcentury modern townhomes look pitch perfect from the curb, 2812 Welborn St., another amazing listing from Ebby Halliday top-performer Dennis Hammet, truly does this design justice.

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07/13/17 5:07pm

Housing prices are skyrocketing in the Dallas metro area, and while poverty is on the upswing everywhere, there’s tremendous growth in the suburbs.

As home prices rise in Dallas-Fort Worth, those who can least afford the commensurate increases in rent and taxes have taken off for the suburbs. According to data from Harvard University’s Joint Center on Housing Studies, while poverty has grown in both urban and suburban areas in North Texas, it has increased far quicker in areas with less density. 

Apartment List took a closer look at the numbers and concluded that many Southern metros are seeing an astronomical increase in poverty among low-density, suburban areas. Between 2000 and 2015, the number of high-poverty suburban neighborhoods in Dallas went up by 105 percent, totaling 233 high-poverty, low-density tracts. The Dallas MSA is only second to Atlanta in its newfound concentration of poverty in the suburbs.

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