Here is where we will highlight the latest news and developments in real estate, with an emphasis on home inspection, local home building and commercial real estate in the DFW area.
Sept 1st, 2019 -Homeowner "tappable equity" reaches an all-time high of $6.3 trillion. —
The amount of money that homeowners can borrow against rose by about $335 billion during the three-month period, according to the research firm Black Knight. This new record high is 26% above the peak of the 2006 housing bubble. Housing Wire
July 1st, 2019 - More renters than ever before say renting is cheaper than buying, but are they right? — According to Freddie Mac, data shows that renters actually spend more of their income on housing than buyers, with 35% of renters spending one-third of their income on rent, whereas 25% of homeowners spend that much on their mortgage. Housing Wire
May 15th, 2019 - Dallas' luxury homes are taking longer to sell on average — but they may be fetching higher price tags- According to the Dallas Business Journal, homes in DFW are taking an average of 54 days longer to sell, but are getting higher sales prices. Dallas Business Journal
March 29th, 2019 - Taylor Morrison - A successful national homebuilder from Arizonais offering more DFW neighborhoods for older, more affluent people, and is marketing them as "Lifestyle communities" Dallas Morning News
March 29th, 2019 - 50,000 More units - Young Renters are Likely to rent most of the 50,000 upcoming DFW Apartment Units. Globest