Phil Crone
Interest rate increases are affecting a lot more than just a home buyer’s ability to close on a single-family home. Skyrocketing costs for labor and materials, combined with fast-rising interest rates, are keeping buyers from building their dream homes, too. According to new nationwide numbers from the National Association of Home Builders, single-family permits were…
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We can all agree that 2022 was jam-packed with real estate news. We saw big wins for neighborhoods, elected officials who spoke their minds, and influencers who showed up and showed out. With some of these folks, there are too many stories to capture in one post. They are, after all, newsmakers. And one thing…
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Want a home in the shape of a four-leaf clover with the stem as a hallway? That’s a specific and perhaps unusual dream, but Richardson-based My Robot Builds Robotics can make it happen, extruding concrete walls from a 3D printer like a soft-serve ice cream machine. Company president Craig Pettit has invested in real estate…
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The country is already in the midst of a “mild recession,” but local job growth is outstanding and inflation has peaked, an economist told Dallas builders last week. National Association of Home Builders Chief Economist Rob Dietz emphasized that next year is going to be difficult, but 2024 will be a year of housing rebound…
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There’s good news and bad news for Dallas-area builders, experts told a crowded room of industry leaders Wednesday morning. We’ll start with the good news. Housing affordability is at the forefront of state legislative priorities. There might be a $30 billion surplus going into the 2023 session that could be used to buy down property…
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