DFW Housing Market
Happy New Year! Steve Brown posted his year end wrap of Dallas real estate, residential and commercial, calling it one for the history books. Tis true: Dallas Real estate values are at their highest EVER, exceeding where we were even before the bubble. And he is right — this boom is fueled by the right stuff:…
Recent reports show that new home sales are at their highest since 2008, while prices of existing homes are up year-over-year. New home sales are up 17 percent from the same time last year, according to Residential Strategies, and new home starts are up 11.4 percent, too, at 6,511. Builders are trying to keep up…
I’m sure Augusta, Ga., is really nice and all, but do you really want to live there? Isn’t it a better place to visit? That’s why Kiplinger’s broke down it’s well-known list of “cheapest cities to live in” and spawned it’s list of “cheapest cities you want to live in.” That’s a pretty significant distinction,…
This is very good news for home builders, not such great news for consumers. New home ownership is getting more expensive, even in North Texas. Hence all those apartments going up: “New homes priced under $150,000 are rapidly disappearing from the market because of shrinking lot inventory, rising land and construction costs. There are just…
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