Dallas Economy

Tight Inventory and Lagging Income Growth Mean Slower North Texas Home Sales in 2014

By Joanna England / September 9, 2014 /

The recent report from the Real Estate Center at Texas A&M University shows a 2 percent dip in sales at the close of August from a year ago. That’s keeping with this year’s trends of higher prices and lower sales volume, as five of the last 8 months of 2014 have posted lower sales from…

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Kessler Park Home Featured on Motley Fool, With Price 3% Higher Than Last Year

By Joanna England / September 8, 2014 /

So, what can you get for a cool million in Dallas? The Motley Fool asked that question last week, and came up with 2142 Kessler Parkway, a luxurious North Oak Cliff house we previously featured as our Inwood Mortgage Home of the Week. When we featured this three-bedroom, two-and-a-half-bath home last July, it was on…

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Inventory Woes Continue to Affect Home Prices, Sales, Says CoreLogic Report for June

By Joanna England / August 6, 2014 /

With Texas and Dallas clocking in a small uptick in inventory, everyone’s wondering if we the market is poised to stabilize soon and if our time of scarcity and rising prices is over. According to the latest report from CoreLogic, not so much. “Home prices are continuing to rise fueled by ongoing tight supply, low…

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Dallas Home Sales And Prices Are Up, Inventory is Down According to Latest Texas Association of Realtors Quarterly Report

By Joanna England / August 4, 2014 /

Slow growing inventory is choking sales growth and driving prices up in the Dallas real estate market, with only 2.4 months of inventory in the Dallas market — an increase of 0.2 months from last quarter — according to the latest quarterly report from the Texas Association of Realtors and the Real Estate Center at…

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Are Housing Prices Stabilizing? After a Period of Off-The-Leash Growth, Price Increases Are Shrinking, Says Case-Shiller

By Joanna England / July 29, 2014 /

Maybe so, or maybe the market is just taking a breather while the summer heat is on before it grows legs again. According to Standard & Poor’s/Case-Shiller’s Home Price Index, Dallas has seen the smallest increase in home prices since August of last year. Still, prices are growing, at an albeit slower rate. In fact, all…

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