Economy
Trulia’s Chief Economist, Jed Kolko, isn’t necessarily infalliable, but he does have an interesting perspective more often than not. His views on the broader economy are often spot-on, though, which really puzzles me on his recent forecast for 2014 that says increases in home values will slow next year, and that many of the markets…
Perhaps the new sign of fully recovered economy should be a McMansion? Or maybe our economy would be better judged by the size of the middle class? In 2010, while we were still trying to figure out what went wrong with the federal stimulus and which bank was to blame for it all (answer: none…
While the Midland/Odessa area is leading the rest of our great state in job growth, Texas is adding jobs at a quicker clip than most other states, and beats the national average easily. That’s according to the July figures from the Real Estate Center at Texas A&M University’s “Monthly Review of the Texas Economy.” Coming…
We all knew it was coming as city and state leaders came to an impasse with Detroit’s creditors, and now the largest municipality in history has filed for bankruptcy protection. This is big news for everyone, not just Dallas, as I’m sure creditors of the more than $19 billion in municipal debt rung up by…
Dallas is on its way to becoming a residential real estate boomtown, thanks to our growing job market and influx of corporate employers. Interestingly, both CoreLogic and Local Market Monitor show very positive, low-risk projections for our real estate market based on previous months’ performance. According to the CoreLogic report, Dallas-area home prices are up…
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