Texas State is the market leader in the present gloomy situation prevailing, as one recovering faster than others from the downturn. Whether it is home sales or median prices, most of its cities are turning out impressive statistics for quite some time now. And yet, owing to the weak U.S. economy and growing joblessness, the [...]
Real estate activities in a given housing market inevitably depend upon the economic condition of the region. As we all know, the recession in U.S. economy ended officially last year and it is limping back in a snail’s pace towards recovery. The economic growth is tracked by the Federal Reserve Bank in the concerned region; [...]
At the outset, it is ideal to remember the quote from research economists of the Real Estate Center at Texas A&M University, regarding future outlook for housing markets everywhere, including Dallas. They are emphatic in saying there is tremendous uncertainty in the markets; and it is most difficult to judge exactly what’s going on and [...]
In a foreclosure-ridden housing market condition, as is prevailing for the last few years across the country, we are facing fluctuations very often. The real estate markets are not smooth-sailing as they were prior to 2007; and the flooding of foreclosure properties into every housing market in the wake of down-turned economy, have changed everything [...]
The "shadow home" inventory is a key factor in a region’s housing market. Texas is in the lucky position to have a recovering housing market and the Forth Worth’s low "shadow home" inventory helps it to preserve this status. A recent study show that the above-mentioned area has the lowest shadow inventory of unsold homes [...]
Foreclosure statistics coming out latest from Addison-based Foreclosure Listing Service throw more light on the foreclosure trend obtaining in Texas, particularly in Dallas-Fort Worth. For one thing – it is not alarming as it was in the earlier years, but it is a record foreclosure filing for 2010, just slightly higher when compared to the [...]
We know the terminology of inventory of homes for sale – residential properties listed in the market for sale and waiting for buyers. And all of us are aware that housing markets in the country are struggling with many woes – lack of enthusiasm from the buyers’ side being the predominant one – in the [...]
