Housing Affordability
From staff reports The good news? A person with a high school diploma could (in theory) afford to buy a home in North Texas. The bad news? It will probably take seven years (at least) to save the down payment. A new Zillow research report matched median mortgage payments in the country’s 50 largest metro…
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Five of the top 25 cities for home value appreciation are in Texas, but where does Dallas fall? Where does the state fall when it comes to affordability? And how many Texans (and Dallasites) can afford the median home price? We have all this in this week’s roundup of real estate news. Texas Leads Pack…
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Dallas-Fort Worth is at the top of a list ranking the best cities for science, technology, engineering, and math jobs, the new home market is percolating in DFW, and we find out where North Texas falls in a look at underwater mortgages and home equity, all in this week’s roundup of real estate news. Dallas-Fort…
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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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More than 40 percent of Texans are one even minor catastrophe away from being unable to afford even the most basic needs, the United Way’s report on asset limited, income constrained, employed (or, ALICE) households revealed last week. The most recent ALICE report looks at how many in each state and county lived below its…
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