Bubble Watch
By Ryan Casey Stephens, FPQP®Special Contributor In the spooky spirit of the month, October’s been rough thus far. Interest rates are up from the end of September and our 401(k)s are flat or down. In the shifting shadows around the candles and the jack-o-lanterns, the real estate and mortgage landscapes also seem to be taking…
Read MoreThe housing market is like a Las Vegas card game these days. Should you tell the dealer to hit? Should you hold? Surely, with home prices where they are in the Dallas-Fort Worth region, it feels like a gamble to purchase real estate right now. And that might not be far from the truth. A…
Read MoreWhen I rang up Dr. Jim Gaines, a research economist at the Texas Real Estate Research Center at Texas A&M, it must have been something of a Groundhog Day or déjà vu situation for him. He’d just discussed this same subject with a fellow economist and a room full of Fort Worth real estate professionals.…
Read MoreI know “housing shortage” should sound very ominous, but really, we should be celebrating! Thanks to a growing job market, Texas is adding more workers faster than it can build housing for them. According to this story in Bloomberg News, there are bidding wars all over Texas, with some sellers turning down cash offers that…
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