Dallas Economy

International Homebuyers Bring $7.8 Billion to Texas Economy

By Candy's Dirt / October 2, 2019 /

  Staff Reports   Real estate purchase by international homebuyers brought $7.8 billion to the Texas economy, says a new report from Texas Realtors. From April 2018 to March 2019, Texas accounted for 10 percent of all homes purchased by international homebuyers in the United States, with 18,310 home sales out of 183,100 nationwide according…

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Losing Amazon HQ2 Gave Dallas Time To Figure Out Zoning Policy

By Jon Anderson / July 23, 2019 /

One of life’s joys is the “I told you so,” because it is so often precluded by a period of scorn and disbelief. Last week I had a bumper crop, but let’s talk about Amazon’s HQ2. You remember that? The corporate welfare pageant where municipalities fell over themselves, checkbooks flailing in the breeze, trying to…

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Housing Affordability Continues to Lag in Dallas

By Candy's Dirt / March 17, 2019 /
housing affordability

From staff reports Although housing affordability is at an all-time low in Dallas, home price appreciation has decelerated recently, the latest report from the Federal Reserve Bank of Dallas revealed. The report, released March 14, also revealed that Dallas-Fort Worth employment grew by 2.5 percent in 2018.

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Health Insurance Impacts Timely Rent, Mortgage Payments, Report Says

By Bethany Erickson / December 15, 2018 /
mortgage

It’s not unusual to see GoFundMe or other crowdfunding efforts for someone who, facing a catastrophic health crisis, can’t afford to pay their rent or mortgage. But until now, those incidents remained anecdotal. But a study released this year by Emily A. Gallagher, Radhakrishnan Gopalan, and Michal Grinstein-Weis, professors and researchers at the University of…

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Texas Economic Forecast: Housing Still Strong Despite Headwinds

By CandysDirt.com Contributor / February 8, 2016 /

By Marcus McCue Executive Vice President and Chief Business Development Officer Guardian Mortgage Company The national housing market remains strong, and Texas, in many respects, is leading the way with record existing-home sales in Dallas and robust price growth. Some housing experts were surprised at just how vigorous the Texas housing market was last year.…

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