Economy

Another Case-Shiller Report Calls for a Toast: Home Prices Up 4.3% Nationally, 4.6% in Big D

By Candy Evans / December 28, 2012 /

They may be talking Fiscal Cliff in D.C., but you can only say good things about our housing market unless, that is, you live in Chicago. Or New York. The Standard & Poor’s/Case-Shiller Index shows home prices continued to rise in October, with prices up 4.3% annually within the 20-city composite index that S&P scrutinizes…

Housing Starts Are Up, Builders Stocks Are Rebounding: Is it Time To Crack One Open And Celebrate?

By Joanna England / December 19, 2012 /

I bet big builders like Lennar Corp., Fort Worth-based D.R. Horton, and Pulte Homes are breathing a collective sigh of relief. According to a report from the U.S. Census Bureau and U.S. Department of Housing and Urban Development, housing starts are up — way up, as a matter of fact — from November 2011. According…

It’s a Seller’s Market: Lake Park Estates and Alger Park/Ash Creek are Selling Like Hotcakes

By Joanna England / December 18, 2012 /

You remember that adorable three-bedroom at 926 Peavy that Candy loved so much? Well, it sold in a matter of days, just like we said it would. If you feel like you missed out on a great home in a HOT neighborhood, well, homes in the Lake Park Estates area and nearby Ash Creek/Alger Park…

A Darling Deal for Darling Homes, and Further Proof the DFW Economy is Cooking

By Candy Evans / December 14, 2012 /

I happen to be pretty crazy about Frisco-based Darling Homes. Apparently, others are too. Darling Homes has entered into a purchase agreement to be acquired by Scottsdale, Ariz.-based home builder Taylor Morrison. Even more exciting: Taylor Morrison, which is owned by private equity funds, wants to go public. The company is working on a $250 million stock…

The Looming Triple Tax Increase in Your Future: Merrill Matthews, Institute for Policy Innovation

By Candy Evans / December 13, 2012 /

Note: I read an editorial by Merrill Matthews and emailed him toote suite: how is the 3.8% Medicare tax going to affect real estate here in Dallas, I asked? The resident scholar with the Institute for Policy Innovation, public policy analyst specializing in health care issues,  author of numerous studies in health policy and past president…