Economy

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…

Real Estate Center at Texas A&M Posts Inventory Outlook

By Joanna England / December 16, 2014 /

One of the great things about the reports published by the Real Estate Center at Texas A&M University is that you don’t have to be an economist to understand them. Luis Torres, Jim Gaines, and Mark Dotzour all do a fantastic job of breaking down the information into digestible bits. I was very impressed by…

Third Quarter Sales Maintain Summer Momentum Says Texas Association of Realtors

By Joanna England / November 3, 2014 /

During the course of the year, spring and summer tend to be the hottest seasons for home sales, with the pace of closings slowing as fall takes hold and school starts. That’s not what happened in Texas during the third quarter of 2014, says the Texas Association of Realtors Quarterly Housing Report, which was released…

Kessler Park Home Featured on Motley Fool, With Price 3% Higher Than Last Year

By Joanna England / September 8, 2014 /

So, what can you get for a cool million in Dallas? The Motley Fool asked that question last week, and came up with 2142 Kessler Parkway, a luxurious North Oak Cliff house we previously featured as our Inwood Mortgage Home of the Week. When we featured this three-bedroom, two-and-a-half-bath home last July, it was on…

Home Price Increases are Cooling as Weather Heats up and Texas Returns to Peak Prices, Says CoreLogic

By Joanna England / July 1, 2014 /

I managed to pry myself away from the USA vs. Belgium World Cup match for long enough to tell you about the CoreLogic May 2014 HPI Report. Taking time out to write this was more difficult than scoring a goal on Tim Howard. But, this is news you can use, y’all, much like a stiff…