Market Dynamics
The homeownership rate in the United States is apparently higher than it’s ever been, but don’t tell that to the zoomers. The generational gap has also never been bigger. Homeownership among Americans under the age of 30 has fallen by 36% between 2005 and 2024, leaving Generation Z with a 4.5% homeownership rate, according to…
The economy is still growing, but the margin for error is shrinking fast. That’s according to Moody’s Analytics chief economist Mark Zandi, who said his latest modeling puts the chance of a recession over the next year at about 40%, well above the typical baseline. “I expect in the most likely baseline scenario going forward…
City leaders are divided over whether Dallas is really facing a housing affordability crisis — and if so, what should officials be doing about it? That question surfaced Wednesday as council members were briefed on the state of housing in Dallas and a new strategic plan aimed at making housing more attainable across the city.…
The D-FW housing scene is continuing its transition from a booming seller’s market to something more balanced, but sales are slowing, and fresh headwinds stand to put a check on homebuyers. Housing reports for the month of February show a 2.2% year-over-year decrease, bringing the median price to $385,000 across the North Texas area —…
By Jonathan MillerSpecial Contributor Understanding Housing Market Trends ASAP Admittedly, going into the Beige Book and anecdotal is a little wonky, but I promise it is worth it. Here it goes… Everyone who interacts with the housing market has all heard this debate between pending and closed sales: Early on, brokerage firms that tried to…
