Real Estate Market News
[Editor’s Note: This year has been a decade, right? So many things happened, lots of things were postponed, and houses continued to sell despite it all. While the CandysDirt.com team takes a hot minute this holiday season to recharge the ol’ Energizers, we’re serving up our very favorite stories from 2020. Enjoy!] Jon: You might think my…
Depending on your source, the Dallas housing market is either doomed or the outlook is relatively rosy. But which one is right? CoreLogic is the often-quoted source for real estate market forecasting. We’ve all read their pessimistic predictions for the coming year. To review, currently, CoreLogic forecasts that from May 2020 to May 2021, home…
Two seemingly contradictory reports were issued last week on the state of the nation’s real estate market. Realtor.com trumpeted “What Recession? Luxury Housing Market is Back …” while ATTOM headlined “Home Affordability Increasing …” Reading about luxury’s return could be viewed as contradictory to increases in home affordability. One says wealthy checkbooks are open while…
A couple of weeks ago, I broke down the Dallas Morning News’ recent real estate coverage since COVID-19 sprung up. Essentially I had a problem with their telling an incomplete story and tirelessly opening in gloom when they didn’t need to (clickbait). Well, bad news Steve Brown has been at it again with stories that…
Earlier in the week, I looked at how local media coverage has reported on COVID-19 and how it tends to prefer negative and sensational wording (not just in real estate coverage, of course). I ended by pointing to research that shows the media’s ability to push along a self-fulfilling prophecy – if they say it’s…