by Bob Edmonson | Aug 11, 2022 | Featured Blog Posts
Texas is one of only four states that has exceeded its pre-pandemic level of employment, the others being Arizona, Utah and Idaho. If there were just one metric you would want on your side to measure economic health, it would be this: strong employment aka Jobs. ...
by Bob Edmonson | Jul 14, 2022 | Uncategorized
Dallas home sales in June continued to be softer than what we have been used to, with single family homes sales off 8% vs year ago, townhome sales off 10% and condo sales off 33%. After a two-year wild ride, we seem to be getting closer to normalcy. While there are...
by Bob Edmonson | Jun 25, 2022 | Uncategorized
May saw a continued trend towards slower home sales, but not in home prices. Home prices took off in 2020 and 2021 due to strong demand in a very low inventory market and a very low mortgage interest rate market. The impact of the pandemic and the Federal Reserves...
by Bob Edmonson | May 11, 2022 | Featured Blog Posts
After Dallas area sales recorded gains of 7% and 10% in February and March, sales of single family homes in April in the greater Dallas area slipped 3%. Sales of condos and townhomes fell 22% vs year ago levels. The main culprit is still the shortage of available...
by Bob Edmonson | Apr 14, 2022 | Featured Blog Posts
It’s a remarkable time in the Dallas home sales market. Our month’s inventory at the end of March has fallen to the lowest levels on record, 0.1 to 0.2 months for homes priced $200K to $400K (3 to 6 days), and no higher that 0.7 days on homes priced to...
