jill gonzalez
With mortgage rates at historic lows, many people might be tempted to buy a home before they’re financially ready. In order to determine where homeowners have the most unsustainable mortgage debts in the country, WalletHub recently released the 2017 Home Overleverage Report. Their analysts compared the median mortgage debt to the median income and median home…
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We’ve been saying it for ages: the Dallas housing market (DFW, really) is on fire. This is evidenced by a shortage of housing stock, incredible buyer demand, construction everywhere, and a tendency of many houses to fly on and off the market in a matter of days (especially those under $300K), among other things. Now,…
Read MoreNearly a decade after the housing crisis that sent the U.S. economy into freefall, housing is most certainly back—just look at our DFW market. Citing U.S. Census Bureau data, the New York Times recently reported that sales of new single-family homes nationwide were higher this past July than in nearly 10 years. Nationwide, a company that tracks the…
Read MoreThe Lone Star State is thriving economically, doing much better than many other parts of the country. We’ve also got hoards of people moving here for jobs at places like Plano’s Toyota headquarters near Frisco, JPMorgan Chase, and Liberty Mutual Insurance. As these people consider DFW, ranking the cities becomes important. WalletHub, a personal finance website,…
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