Dallas Real Estate News
Note: According to the Brookings Institution, San Antonio, Texas is the only metro area in the U.S. where median income has risen since 2007. I am fascinated with a little town called Fate, Texas, about 30 miles east of Dallas. Couple reasons why. I think I wrote a story about Fate during the boom about it’s booming population.…
Here’s the good news: Foreclosures are declining in North Texas. Steve Brown (sub. required) reports today that lenders foreclosed on more than 7,800 D-FW homes during the first half of 2011, using figures from the folks in the know, Addison-based Foreclosure Listing Service. Looking over the past three years of hell we have experienced, that’s…
This cute home was built in 2001, looks brand new, and is just under 3000 square feet (2974). Three bedrooms, two and a half baths. The floor plan is smooth, rooms spacious and what does every buyer want? Repeat after me: high ceilings! HIGH CEILINGS! Downstairs floors are hardwood, upstairs carpeted to muffle pitter-patter. You can entertain like royalty in the open formal dining, kitchen and breakfast…
This is a sign the market MUST be coming alive, even in slow as molasses Santa Fe: Val Kilmer has finally sold most of his 5,328-acre Pecos River ranch. The deed transfer was filed Sept. 30 with the San Miguel County Clerk’s Office. Kilmer transferred the bulk of the property to Midland residents Benjamin A. Strickling III and…
Last Thursday, the Census Bureau released 2010 figures indicating that American home ownership is as low as it was during the Great Depression. Last year, the U.S. homeownership rate fell to 65.1 percent last year. And analysts are concerned it may never return to the 2005 to 2006 housing boom peak in which nearly 70 percent of Americans owned their own…
