Economy

Economists Predict Recession, But How Soon?

By Bethany Erickson / June 27, 2018 /

There’s been a pretty steady drumbeat from leading economists — a recession is coming. In fact, at this month’s National Association of Real Estate Editors journalism convention, all three economists on a dais one Friday found themselves agreeing on two things: a recession is coming, and real estate won’t be the impetus this time. Frank…

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Home Improvement Professionals Report Feeling More Confident, More Concerned with Labor

By Heather Hunter / June 28, 2017 /

Confidence among home improvement professionals is booming. After a quarterly survey of thousands of remodelers, carpenters, painters, plumbers and roofers, the HomeAdvisor Farnsworth Index reports that over three-quarters of those home improvement professionals feel highly confident in their business prospects over the coming year. The survey was administered between May 11 and May 26 to…

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Immigration Policies Under Trump Administration Threaten DFW Economy

By Heather Hunter / March 17, 2017 /

Second only to California, Texas hosts largest immigrant population in the United States. And in Dallas-Fort Worth alone, more than 1.2 million immigrants make their homes, hold jobs, attend schools, and participate in local communities. An integral part of the DFW economy, immigrants contributed $8.4 billion in taxes and over $25 billion in spending power…

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2016 House Flipping Report Shines Spotlight on Housing Affordability

By Heather Hunter / March 10, 2017 /

If you feel like everyone you know has gotten into the flipping game, your instincts are correct. According to 2016 Year-End U.S. Home Flipping Report by ATTOM Data Solutions, the number of folks making a living from house flipping reached a nine-year high last year. Data shows that in 2016, 126,256 individuals and corporate entities…

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Renovation Spending Dominated by the Baby Boomer Generation

By Heather Hunter / March 1, 2017 /

Don’t be misguided by what you see on HGTV. The renovation market is not being driven by young couples out to feather their first nests. According to a report released by Harvard Joint Center for Housing Studies, Baby Boomers, motivated by changing accessibility needs, currently spend more money than any other generation on housing renovations…

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