Dallas Economy
Condos are hot and getting hotter, according to the Texas Condominium Mid-Year Sales Report from the Texas Association of Realtors. Statewide, condo sales rose an average of 10.5 percent year-over-year between the months of January and May of 2014. In San Antonio condo sales were up 18 percent, followed by Austin at 14 percent, Houston at…
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The latest issue of Governing magazine has a story that all Texans should read, and then read again. The story’s title is self-explanatory — “Drought-Plagued Regions Struggle to Conserve Water and Make Money” — an issue with which much of North and West Texas are intimately familiar.
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We know that North Texas’ strong and growing job market keeps people flocking to our metro area, and that population increase, along with corporate relocations and an attractive business environment, is driving our local economy. It’s driving up housing demand and home prices, too. So we’re not surprised to hear that the U.S. Metro…
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Lots of conflicting reports are circulating lately, some of them say our region’s real estate market, along with the U.S. at large, is poised for unprecedented growth in prices. Others claim that relying on the real estate market to support our nation’s financial comeback is a huge mistake. CoreLogic’s most recent HPI shows a 10.4…
Read MoreAfter 22 months of growth, are Dallas home prices about to hit a plateau? Could be. The Standard & Poor’s Case-Shiller home price index showed a 10.2 percent year-over-year increase in Dallas home prices according to their most recent 20-city composite report. Dallas now ranks with 13 of the top 20 cities measured by Case-Shiller’s HPI…
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