the talking heads, doom & gloom media feel so inclined to paint this ugly “housing double dip” picture for all of America to see….daily nonetheless! let’s look at this from my perspective, shall we? this week’s report on existing home sales showed activity edging down 0.6% to 5.02 million units and data on february’s new […]Read More US pent up housing demand tsunami swelling? yes!
just in case you missed the star-telegram article let me be the first to tell you that housing starts in DFW for single family homes took their sharpest quarterly jump since 1983! Q1 of 2010 builders started 3460 houses in north texas which represents a 59% jump from Q1 of 2009 when only 2172 houses were […]Read More housing starts up 59% in DFW!
the affordability index shows housing is now more affordable than it has been in the past 20 years. how did we get here? according to the case-shiller home price index home prices began to fall in the summer of 2006. overall this decline has been pretty deep with some regions posting a 50% decline. 2009 was […]Read More have you looked at the affordability index for housing, lately??
why am i STILL glad to be invovled in real estate AND live in Dallas-Fort Worth?? business is still healthy here in the metroplex and the horizon continues to look even healthier. according to a new study released by audit and tax firm KPMG LLP on tuesday DFW ranks fifth in the nation for its […]Read More DFW ranks 5th for business affordability!
you’re in the business of helping families who are buying and selling real estate, right? so why should you get excited that RENTAL demand has jumped? first let’s talk about the jump. during the last 3 months DFW net apartment occupancy has jumped by more than 6,500 units….that’s the STRONGEST performance in more than 2 […]Read More DFW apartment demand jumps – why is this good news for real estate?
If you know me you know I’ve been talking about a tsunami of housing demand swelling up due to our housing starts being at record lows…..well, here’s ONE more testament to support my theory…banks are holding onto more than 3 million foreclosed homes that they have not yet put on the market with millions more […]Read More tsunami of pent up housing demand continues….in my book!