Economy

Texas Real Estate Report Shows Fewer First-Time Buyers in Market

By Joanna England / March 2, 2015 /

“Texas is one of the best states to buy a home in the U.S. because it’s one of the best places to work, do business and raise a family. Our state’s lasting job and economic growth continues to bring higher incomes for Texas families and reaffirms new home sales and development as a critical component…

Low Inventory is Keeping Home Prices High in Dallas, But is it Sustainable?

By Joanna England / February 26, 2015 /

  Case-Shiller’s recent Dec.2014 report shows home prices inching even further skyward, with an increase of 7.5 percent year-over-year, topping the national average of 4.5 percent by a healthy margin. Shrinking inventory is to blame, but one must wonder if supply will ever catch up at this rate. “As long as we have a tight…

Forecasts For Dallas and Fort Worth Metro Real Estate Predict Year-Over-Year Growth

By Joanna England / February 4, 2015 /

Sure, economists are saying that the Dallas-Fort Worth area have posted new gains in 2014, and that home price growth for the North Texas metro areas is projected to increase in 2015 to the tune of 9 to 11 percent, but more and more people are starting to take a closer look at those numbers…

Home Prices Hit Highs in 2014, But Will Oil Prices Bring Down The Building Boom?

By Joanna England / January 12, 2015 /

It seems like economists can’t make heads or tails of the dropping oil prices, other than it’s good for consumers. I filled my little hybrid up the other day for less than $30, so I’m going to call it an obvious win in that column. But with the high demand and limited supply of housing…

Is Dallas Real Estate Overvalued? New Report From Fitch Ratings Says Yes

By Joanna England / December 23, 2014 /

Let’s just say that my eyes widened a little without the help of coffee when I read this story from Steve Brown. According to Fitch Ratings, Texas home prices are way overvalued, by 11 percent they say, and there could be a reckoning coming thanks to falling oil prices. The financial analysts at Fitch are…