Economy

Reviving The McMansion: What Was On Its Way Out Three Years Ago is Making a Comeback Today

By Joanna England / November 25, 2013 /

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…

Read More

Texas Continues to Add Jobs Faster Than The National Average, With Midland/Odessa Topping List

By Joanna England / August 21, 2013 /

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…

Read More

As Detroit Becomes Largest City Ever to File For Bankruptcy Protection, Economic Waves Will Crest Across The Nation

By Joanna England / July 18, 2013 /

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…

Read More

CoreLogic, Local Market Monitor Reports Both Post Measured Optimism For Dallas-area Markets

By Joanna England / June 6, 2013 /

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…

Read More