Emerging Real Estate Markets
(Above) John Raymond’s Cheese at Calistoga Ranch There has been a lot of chatter out that the Baby Boomers might be the last generation to embrace home ownership. Well, a new study now says what I have long suspected: with Baby Boomers, one is never enough. The Millenials and offspring of the Baby Boomers tend…
A quarterly report from Metrostudy says Dallas-Fort Worth new home construction was up 7 percent, and closings on new homes up 9 percent, in the third quarter July, August, September, compared with the second quarter. And housing starts were up 6 percent from the same period last year. Analysts now says the market is coming down…
Moving on up? Well, at least to Lovers Lane. Hot young Dallas agent Sam Sawyer has left Rogers Healy and Associates to join Briggs Freeman. Before he got a chance to sit at his new desk, or actually even FIND it, I had to ask: CD: How many homes have you sold? SS: Enough! CD:…
Last week, we were Debbie Downer’ed by the latest Standard & Poors/Case Shiller report telling us that while Dallas homes saw a scant increase in prices from the spring, they were down overall from last year, that is, 2010. And that is the problem with Case Shiller: first of all, they do not count new home sales.…
Get this: Austin has an unemployment rate of only 6.7%. That could be why, except for South Padre Island, Austin now has the highest priced median homes in Texas: $194,600, according to the Real Estate center at Texas A&M University. Sales of existing single-family Texas homes in August were up 24 percent from a year ago, according to the…
