Home Sales
Which two realtors (and what designer) were recognized by a local chamber of commerce for their work in East Dallas? How do North Texas home sales in July compare statewide? And where is the job growth in Texas? We answer all those questions in this week’s roundup of real estate news.
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Far East Dallas is swarming teeming with work trucks as investors, eager to catch the wave of demand within inner-loop neighborhoods, remodel homes on these close-quartered blocks. But even with all of the flippers tacking up new drywall and painting these post-war ranches varying shades of gray, supply of move-in ready homes hasn’t kept up…
Read MoreIt’s not just Dallas and northern suburbs where homes are notably appreciating and sales are “fly-off-the-market” fast. Arlington, Grand Prairie, and Mansfield showed substantial increases last month in both home prices and sales, according to a new report from the Arlington Board of Realtors. Arlington home sales increased 9 percent, Grand Prairie’s increased 9 percent, and Mansfield home sales increase a…
Read MoreThe Lone Star State isn’t the same place as it was during the big 1980s oil bust, and is better weathering falling oil prices, but further price plunges and worker layoffs could negatively impact home sales and construction. This is according to new research by Texas A&M Real Estate Center research economist James Gaines, who…
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It seems like economists can’t make heads or tails of the dropping oil prices, other than it’s good for consumers. I filled my little hybrid up the other day for less than $30, so I’m going to call it an obvious win in that column. But with the high demand and limited supply of housing…
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