Real Estate Center
If you want to know why growth in Texas real estate markets is outpacing other states, look no further than our great state’s unemployment rate. Like a mushroom that sprouts overnight, Texas’s seasonally adjusted unemployment rate is 6.5 percent — an entire percentage point lower than the national average, according to the Real Estate Center…
Read MoreDon’t get me wrong, I am thrilled to see Case-Schiller reporting double-digit annual growth across all composites in their latest report. The 10- and 20-city composites showed gains of 10.3 and 10.9 percent through the year ending in March 2013. For the Dallas area Home Price Level Index, the year-over-year growth according to Case-Schiller’s indicies…
Read MoreWell yes, it’s not even mid-April and it’s a mad house out there in the inner-loop real estate world. Sales of pre-owned single-family homes in March rose 22 percent from 2012. 7,483 properties sold. That’s the highest number of home sales since March, 2007. And we all know what happened after 2007. Hot discussion Wednesday…
Read MoreWell yes, it’s not even mid-April and it’s a mad house out there in the inner-loop real estate world. Sales of pre-owned single-family homes in March rose 22 percent from 2012. 7,483 properties sold. That’s the highest number of home sales since March, 2007. And we all know what happened after 2007. Hot discussion Wednesday…
Read MoreDallas, be grateful! We are rebounding! Things are looking up! That is, according to the Jan. 31 Local Market Monitor report for the Dallas-Plano-Irving market. For me, this just re-affirms what Realtors and sellers are telling us: Well-staged homes that are priced right are flying off the market in record time. And we’re head-and-shoulders…
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