Market Dynamics
We did it again: Dallas, well, North Texas, made it as one of the highest appreciating real estate markets in the country, according to the folks at the Real Estate oracle of nationwide comparison, Standard & Poor’s/Case-Shiller Home Price Index. Dallas area home prices were 9 percent higher this May (2016) than they were a…
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The venerable Case-Shiller report that tracks pre-owned home sales, not new builders homes or subdivisions, puts Dallas near the top of the list of cities with the biggest home price gains. Which is, of course, impressive. Standard & Poor’s Case-Shiller home price index says Dallas-area home prices were up 9 percent from February of 2015.…
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Even T. Boone Pickens himself is selling off part of his ranch! January is almost behind us, and most media outposts have started playing the “oil prices down = sucky real estate” cards: lower oil prices hurt the Texas economy and, therefore, its real estate. If you have real estate in Houston or Midland, oh we…
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If it’s under $1.5 million, it’s flying off the shelves. I have just heard about a new record sale in Devonshire: $50,000 over list, a bidding war of 3 to 5 buyers, cash, so when the appraisal won’t support the sales price, it won’t matter. But that big fat sales price WILL count for the…
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Just returned from NAREE15, that is, the National Association of Real Estate Editor’s annual conference in beautiful Miami, Florida. Steve Brown was there. And Candace Carlisle. We picked up another award — yeah! — but we also picked up the latest in the state of real estate. (Gave you the economic outlook last week.)…
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