News
You already know that Grandwick, the former Dallas headquarters of the Church of Scientology, was reduced to ashes by a three-alarm fire Thursday. The owner, David D. Anderson, said that he was unable to obtain insurance on the property because it was vacant. It would seem like this is a tragic, singular occurrence, but the…
Rarely do you see both home prices and rents grow in the same market where, as we reported earlier this week, net migration is in the red. And yet that’s what Local Market Monitor is projecting for Dallas-Irving-Plano area over the next 12 months.
That’s partially due to unemployment rates dropping and a strong financial and service job market in the Dallas area. Local Market Monitor projections show 9 percent growth in housing prices over the next 12 months and 12 percent growth over the next three years. And demand for housing, both buying and renting, will grow thanks to overall population growth that is outpacing the national average.
As more homes hit the market, more rental scams hit CraigsList and other free classified sites, asking for deposits and fees before a potential tenant has seen a contract, or the property for that matter. Scammers are finding plenty of material on home searching sites that they then hijack for their own purposes, which makes…
I love what Trulia manages to do with a little data. This company is consistently making the best tools that break down statistical information, helping homebuyers decide which areas best suit their needs.
Their newest tool, the Natural Hazards heatmaps, are perfect for seismophobics, potamophobics, brontophobics, and pretty much any other weather-related phobia you can think of. With data from the USGS, FEMA, NOAA, and the Forest Service, Trulia has created color-coded models showing which areas pose the greatest risk for these natural disasters.
