Housing Affordability
Going into the 2023 Texas Legislative session, the state’s $27 billion budget surplus has a lot of tongues wagging. However, it’s too soon to tell what kind of impact, if any, those extra funds will have on real estate-related issues such as property taxes and housing affordability. Both issues remained at the forefront of our…
It seems cruel that, just when listings are posting “price improvements” and the number of days on market are inching upward, interest rates are making what was once buying power for a $400,000 home barely enough to snatch up something in the $300s. According to the most recent housing affordability report from the Texas Real…
Emails flood our inboxes every day with news that construction prices are up, inflation is out of control, and a recession is imminent. Somewhere in the mix, there are also messages telling us it’s a great time to buy a new home, construction is on the rise, and the market is rebounding to pre-pandemic levels. …
Dallas-Fort Worth-Arlington ranked fifth in cost inflators in Lawn Love’s study of rent affordability.
We all know the housing market in Dallas-Fort Worth is hot. But how overheated is it? It’s getting competitive, for sure.