Economy
The only hope many younger generations have to accumulate wealth is to stay cozy with grandma. Since 1995 (over a decade before the Recession), the median wealth of 25-34 year olds declined 39 percent, while 35-44 year olds declined 27 percent, and 45-54 year olds’ wealth declined 15 percent. There have been potent gains reported…
The good news? In the past year, 909,000 new single-family homes have been started, and it’s projected that by 2020 starts on new home construction will hit the one million mark. The bad news? The need will be for 1.2 million, a leading economist said Thursday. “The forecast is that home prices will continue to…
WOW–tremendous responses and feedback on Part I of this real estate slowdown blog topic from last week. Thanks so much! Nice to know people are reading, following and giving thought to #tarrantcountytuesday. Last week we established (with data) that there indeed is a slowdown — or market shift — in the housing market. One Dirty…
Dallas does everything big — including commutes. According to a new Apartment List study, examining commuter data from 2005 and 2016, one in 45 commuters in the Dallas metro are “super commuters,” traveling 90 or more minutes to work each day, and the prevalence of super commuting is on the rise. The share of Dallas…
By Ashley Stanley Special Contributor The intersection of digital money and traditional finance occurred over the weekend in Chicago, as the first major U.S. exchange offered a product targeted toward Bitcoin: Bitcoin futures. If you’re new to the market, there’s a lot to learn. Bitcoin users are doubling every 12 months. That might seem wild…
