Dallas Economy
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…
Read MoreOne 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…
Read MoreFrom 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.
Read MoreIt’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…
Read MoreBy 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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