Housing prices
Only those living under really big rocks are unaware of the vast increases in North Texas housing prices in the past few years. Here’s an illustration. In August, the median home price in Tarrant County was $335,000 according to statistics from the Greater Fort Worth Association of Realtors. That figure is less than the previous…
In 2022, we’ve already seen cost increases in everything from energy to essential goods such as groceries and pharmaceuticals. With a rise in inflation and a recovery protocol from one of the biggest pandemics in history, markets are moving in odd directions. Speaking of odd directions, have you seen the North Texas real estate market?…
One of life’s joys is the “I told you so,” because it is so often precluded by a period of scorn and disbelief. Last week I had a bumper crop, but let’s talk about Amazon’s HQ2. You remember that? The corporate welfare pageant where municipalities fell over themselves, checkbooks flailing in the breeze, trying to…
What goes up has to come down, at some point, right? It’s like that with home values. Except home values in Dallas have never shot skyward as much as they have in coastal cities and international hubs like Miami and New York City. Our home prices creep up by 5 to 7 percent a year.…
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…
