Economy
With election season in full swing, we’re witnessing the good, bad, and ugly of the American political machine. Amid the chaos that is the American election cycle, many would-be home buyers find themselves hesitant to make sudden moves. Just days after a bleak job report and subsequent global stock market sell-off, some have put a…
Experts weighed in recently on introducing higher-density development in single-family neighborhoods and talked about how the city can be more effective in planning for the future as the ForwardDallas comprehensive land use plan inches closer to a July adoption date. MetroTex Association of Realtors requested a presentation on the “Economics of Land Use” from Joe…
By Mark JohnsonSpecial Contributor Homebuyers are defying the real estate market in North Texas, and for real estate agents and brokers, this is a critical time to stay informed. For the week ending on Feb. 10, 2023, inventory for sale in the Dallas-Fort Worth MSA dropped nearly 5 percent while the median new list price…
From Staff Reports While 2022 hasn’t exactly turned out to be a picnic for the real estate industry, many industry forecasts are predicting 2023 to be a challenging year. Looking into his crystal ball, National Association of Realtors chief economist and senior vice president of research, Lawrence Yun, made his predictions for 2023 at NAR’s…
From Staff Reports Economic forecasts are tricky, what with so many state, national, and global variables at play (to say nothing about how a devastating weather event such as a hurricane or winter storm can reshuffle the deck mid-year). But using their collective understanding of current economic and market conditions and by looking at past…
