Housing Market
Don’t get me wrong, I am thrilled to see Case-Schiller reporting double-digit annual growth across all composites in their latest report. The 10- and 20-city composites showed gains of 10.3 and 10.9 percent through the year ending in March 2013. For the Dallas area Home Price Level Index, the year-over-year growth according to Case-Schiller’s indicies…
More and more homeowners are seeing the light at the end of the tunnel, and as the downward trajectory of the housing market turns upward, they are also seeing missed opportunities. Jed Kolko, Trulia’s chief economist, says in a Wall Street Journal interview that national home prices are up 7.2 percent annually and that most…
As Candy already mentioned, pre-owned inventory is scary low, which is driving prices up for Dallas properties. Sure, demand means a seller’s market, but what about all of the folks that are either being born or moving to Dallas? That’s putting our housing market in a tough spot! Several big corporations have moved to Dallas in recent years — Comerica Bank being one of the largest — which has made move-in ready pre-owned homes sell like hotcakes.
They may be talking Fiscal Cliff in D.C., but you can only say good things about our housing market unless, that is, you live in Chicago. Or New York. The Standard & Poor’s/Case-Shiller Index shows home prices continued to rise in October, with prices up 4.3% annually within the 20-city composite index that S&P scrutinizes…
I bet big builders like Lennar Corp., Fort Worth-based D.R. Horton, and Pulte Homes are breathing a collective sigh of relief. According to a report from the U.S. Census Bureau and U.S. Department of Housing and Urban Development, housing starts are up — way up, as a matter of fact — from November 2011. According…
