Houston
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.
Read MoreYeah, yeah yeah: the Houston Texans were bounced from the playoffs by the New England Patriots, saving their fans a trip to NOLA. Then the Patriots were trounced by Baltimore. All I know is, our Texas real estate market trumps both of them. You sure won’t find a five bedroom waterfront mansion in Boston or…
Read MoreOr it’s HOUSTON, honey, not HARVARD. Wanted you to see this week’s post in Culturemap Dallas. From time to time, I will be giving these brilliant folks — did you know Eric Celeste is over there, now, too? — a wrap of local market conditions and of course, weekly House Porn. I’m so happy we…
Read MoreThis is one of those “Thank God we live in Texas” days. Yep, ran across this nugget from Forbes.com on the cities with the most construction: if construction starts are a leading economic indicator, then we are in hog heaven. Three Texas metros are leading as far as construction starts and made it on the top…
Read MoreNo wonder the home builders all want to come here. No wonder everyone is moving here. A report out today from a major researcher housing indexer says we have one of the lowest home foreclosure rates among major U.S. cities. At the end of 2011, 3.4 homes were in foreclosure across the nation, but in Dallas, only…
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