MetroStudy
It used to be fairly easy to find a new home for under $200K in North Texas. But according to a recently released report from Metrostudy, first quarter 2016 data shows a “new normal,” reflecting a meteoric rise in starts above $200,000, meaning it’s harder than ever to find a new home in the sub-$200K price range.…
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More confirmation that Dallas has pricey dirt in this latest report from Metrostudy: While housing starts are up to the tune of 12.4 percent year-over-year and 8.3 percent over last month, few of those have been in more affordable price ranges. More people who would have preferred to buy new construction have turned to…
Read MoreThis is one of the reasons why agents are risking the wrath of MLS and advertising properties before they even come on the market: lack of inventory. Dallas-Fort Worth builders are working their butts off to build, but still the finished inventory of vacant homes in North Texas is at a 20-year low. All that…
Read MoreI asked this yesterday: why is our market so darn tootin’ healthy when others are not? David Brown over at MetroStudy gave me some good answers. First of all, Case-Shiller is so like yesterday’s news. This is one reason why I don’t like this index and warn y’all not to get your panties in a…
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