Economy

Americans Want to Save Enough to Retire, But Doubt It Will Happen

By Candy's Dirt / June 29, 2019 / 0 Comments
save

From staff reports Not quite 20 percent of Americans surveyed by LendEDU said their goal was to save enough to retire one day, but almost 40 percent of them felt that goal was unattainable. The survey was released earlier this month, and polled 1,000 Americans to understand their financial goals and their confidence that they […]

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When Homes Shrink, What Does It Mean For the Economy?

By Bethany Erickson / June 1, 2019 / 0 Comments
homes

It was a Tweet that had us sitting up and paying attention, as the National Association of Home Builders pointed out last week that although homes got slightly larger from the fourth quarter of 2018 to the first quarter of 2019, sizes are still declining. Median new single-family home floor area ticked up to 2,355 […]

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How Hard Is It To Sock Away a Six-Month Emergency Fund in Dallas?

By Candy's Dirt / May 18, 2019 / 0 Comments
emergency

From staff reports It takes more than two years to sock away enough money to address a six-month emergency fund in the Dallas metro area, a new Bankrate.com report revealed. The area ranks 15th hardest of the top 50 metros when it comes to building a six-month emergency savings fund. That fund would be able […]

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Housing Industry Braces For More Tariffs Amid Affordability Crisis

By CandysDirt.com Contributor / May 17, 2019 / 0 Comments

By Phil Crone Executive Officer Dallas Builders Association In the midst of a nationwide, 10-year low in affordability, the housing industry is bracing for additional tariffs. From tile to countertops, laminates, lighting, and furnishing, about 450 products commonly found in new homes and remodeling projects are seeing tariffs rise from 10 percent to 25 percent […]

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State Economy Growing, Job Numbers Continue to Increase

By Bethany Erickson / April 29, 2019 / 0 Comments
economy

As the state economy grows and employment continues to rise, how are new home sales in North Texas faring? We have the answers in this week’s roundup of real estate news. Texas Economy Still Growing Faster Than Nation The Texas economy is still going like gangbusters, adding 271,000 nonagricultural jobs year-over-year in March, the Texas […]

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Health Insurance Impacts Timely Rent, Mortgage Payments, Report Says

By Bethany Erickson / December 15, 2018 / 0 Comments
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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