Emerging Real Estate Markets
OK, so we know our market is hot and inventory is down to less than a three month supply. According to Case Shiller, Dallas home prices rose 9.9 percent from November 2012 to November 2013. So why hasn’t 3311 Blackburn #220, the Colonade at Turtle Creek, sold? It is PRECIOUS! This happens to be owned…
Talk about an eye-opener. This story from the Atlantic’s Jordan Weissman takes a look at a recent study from the U.S. Department of Education analyzing where a group of 27-year-olds are today. The study found that today’s 27 year olds are educated, in debt, and living with their parents. To us, the most interesting finding…
First-time homebuyers are finding it harder and harder to get into their dream home.
The National Association of Realtors said that first-time homebuyers make up only 28 percent of the national housing market in a Jan. 28 new story, the lowest number since the organization started measuring the demographic in 2008. According to the NAR, first-time homebuyers typically make up about 40 percent of the market, but several factors are keeping them from purchasing a home, including higher competition for lower priced properties, which are being swept up by investors at increasingly high rates.
If it appears that apartments are going up on every street corner in Dallas, well, they are. The Dallas-Fort Worth are is going to be the nation’s top apartment leasing market over the next three years, according to a new report by the folks at Jones Lang LaSalle. Perhaps you, like me, see the cranes…
Gawker asks, “What is your city’s Williamsburg? What’s its hippest—or formerly hippest—or sometimes just youngest—neighborhood, the one with the art galleries and the boutiques and the lines for brunch? (And what, for that matter, is its Bushwick, or “Next Williamsburg”?) If you don’t know off the top of your head, don’t worry. We do, thanks…
