Economy

Phil Crone: Labor Problem Easy to See, Hard to Solve

By CandysDirt.com Contributor / June 1, 2017 /

  By Phil Crone Executive Officer, Dallas Builders Association “The guest worker program unnecessarily lowers construction worker wages.” “Put simply, there is no construction labor shortage.” “It’s five o’clock somewhere. And maybe there’s a construction worker shortage, too, somewhere. But it’s not significant in the U.S., and it’s not very widespread.” Would you believe that…

Immigration Policies Under Trump Administration Threaten DFW Economy

By Heather Hunter / March 17, 2017 /

Second only to California, Texas hosts largest immigrant population in the United States. And in Dallas-Fort Worth alone, more than 1.2 million immigrants make their homes, hold jobs, attend schools, and participate in local communities. An integral part of the DFW economy, immigrants contributed $8.4 billion in taxes and over $25 billion in spending power…

Study Shows DFW Suburbs Posted Unrestrained Rent Increases in 2016

By Heather Hunter / March 15, 2017 /

We talk about the impact of rising home prices all the time, but that’s only half the affordable housing story. Across the country, rents in suburban areas also show dramatic increases over the last year, with no signs of stopping. A recent study from RentCafe shows that while urban Dallas continued to post fairly consistent…

2016 House Flipping Report Shines Spotlight on Housing Affordability

By Heather Hunter / March 10, 2017 /

If you feel like everyone you know has gotten into the flipping game, your instincts are correct. According to 2016 Year-End U.S. Home Flipping Report by ATTOM Data Solutions, the number of folks making a living from house flipping reached a nine-year high last year. Data shows that in 2016, 126,256 individuals and corporate entities…

Renovation Spending Dominated by the Baby Boomer Generation

By Heather Hunter / March 1, 2017 /

Don’t be misguided by what you see on HGTV. The renovation market is not being driven by young couples out to feather their first nests. According to a report released by Harvard Joint Center for Housing Studies, Baby Boomers, motivated by changing accessibility needs, currently spend more money than any other generation on housing renovations…