Yesterday the Federal Trade Commission fined Opendoor $62 million for “cheating sellers with misleading claims“. This has been an major issue recently in the media – many iBuyers make a very high “offer price” and then significantly reduce the net to seller with fees, repairs, commissions, etc. and it is misleading. The methods put honest …
Opendoor Fined $62 Million for Misleading Sellers Read More »
Central bankers around the world have been picking up the pace of rate increases. Now the big question looms: When will they slow down? Federal Reserve officials are set to make a second abnormally large interest rate increase this week as they race to cool down an overheating economy. The question for many economists and investors is …
Fed Prepares Another Rate Increase as Wall Street Wonders What’s Next Read More »
The May 2022 close-to-list ratio in DFW clocked in at 104.7% compared to 98.4% in May 2021 — a 6.4% year-over-year percentage change. Homes are selling for increasingly more above the listing price in Dallas-Fort Worth than in any other market in the nation, according to a new report. The DFW housing market had the …
Dallas housing market posts biggest jump in close-to-list price ratio in US Read More »
Add Your Heading Text HereDallas-Fort Worth home listings spike as sellers fear market could slow down Local housing supply is beginning to loosen, Realtor.com indicates Dallas-Fort Worth is seeing a dramatic increase in homes up for sale over the last few weeks as many sellers look to take advantage of the market while it’s still …
More Homes Coming on the Market! RE/MAX DFW Associates Listing Count Jumps 33% in May Read More »
The Results are in. Below are some stats from the April report from the GLAR Association (Greater Lewisville). The median price increase is staggering in most cities for April 2022 over April 2021. McKinney had a 34.2% increase. Frisco a 36.6% increase. But the one that tops the charts is Coppell with a 47.9% increase over one year ago …
The Real Estate Market, especially in North Texas, has seen unprecedented growth since the Pandemic. In the last month we have seen: Quickly rising mortgage rates with 1/2% increase in just last week High home prices A persistent inventory shortage However, DFW house shoppers are not slowing down as per a Dallas Business Journal article. Below …
Are home showings in DFW slowing down with soaring mortgage rates? Read More »
Shared from Joanna England’s article on CandysDirt.com, April 1, 2022 When I rang up Dr. Jim Gaines, a research economist at the Texas Real Estate Research Center at Texas A&M, it must have been something of a Groundhog Day or déjà vu situation for him. He’d just discussed this same subject with a fellow economist and a room …
Housing Bubble Ahead? The Dallas Fed Says Maybe, But This Economist Disagrees Read More »
In 1st Full Year of Pandemic, Biggest Metros Lost Residents while Dallas led the way with growth Dallas led the way with growth, followed by Houston and Phoenix All other Metro Areas lost residents The exodus from the biggest U.S. metropolitan areas was led by New York, which lost almost 328,000 residents. It was driven …
Which city lost the most Residents during the 1st full year of Pandemic? Read More »
Almost 60,000 more single-family homes for the DFW area Housing starts climbed by more than 20% in 2021 across North Texas, hitting a new record level of over 58,000 units. The developers of the sprawling residential communities that most of those homes are being built in are busy making room for more. The Dallas Business Journal, …
A dozen residential developments that will reshape North Texas Read More »
Sur Le Lac luxury condominium will be built by renowned Starside Construction. Credit to Sur Le Lac via candysdirt.com Original article from candysdirt.com Sur Le Lac luxury condominium homes are nestled inside prestigious Normandy Estates in Plano, Texas. The condos’ convenient location is near bustling high-end shopping and restaurants at Legacy West and The Shops at …
Plano Luxury Condos to Upsize Your Lifestyle While Downsizing the Maintenance Read More »
