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. […]Read More
Smart Steve Brown. That clever guy went and focused on the new Stoneleigh Residences while we were all going ga ga over Museum Tower. And what a great interview with the man I christened Saint Stoneleigh, Merhdad Moayedi, because he saved the Stoneleigh, bought it out of bankruptcy from those Prescott/Apollo peeps in 2009 as I told you when I wrote DallasDirt. If you haven’t read Steve’s tome, get to it as soon as possible.
(There is more news coming down the pike about the Stoneleigh, too.)Read More
Your home value could be 4.3 % lower today than it was last year if you follow the guys over at Standard & Poor’s/Case-Shiller, which released their Home Price Index this week. That means home prices have been falling for an entire year in the 20 major U.S. cities that create this way over-quoted housing market indicator. Case-Shiller […]Read More