Monthly Archives: July 2018

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Just the Facts: Dallas Area Sees Spike in Housing Inventory Growth

Dallas’ constricted housing market took a small dose of real estate Miralax in the second quarter, but analysts say that relief is likely not long-lasting.  The Dallas metro saw a year-over-year increase of more than 32 percent in housing inventory — homes, new and old, available for sale — during the April-June period, according to a report from home listing site Trulia. This means that the Dallas metro’s stock grew to include 14,875 houses, up from 11,653 in the first quarter — and up from 11,234 houses for sale in second quarter of 2017. The Fort Worth metro was similar, with nearly 35 percent inventory growth Read more
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Just the Facts: Dallas Top Housing Market

Dallas is Top Housing Market in New Consumer Poll by Chase Dallas’ housing market gets top marks in a new consumer study by JPMorgan Chase.  The banking giant teamed up with Pulsenomics to ask homeowners about current market conditions, their aspirations for homeownership and outlooks for home values and affordability.  Dallas headed the housing confidence ranking ahead of Denver, Las Vegas and San Francisco, according to Chase.  “These record results were driven by healthy assessments of local real estate market conditions among existing homeowners, but even more so by surging expectations among renters,” Terry Loebs, founder of Pulsenomics, said in Read more
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Just the Facts: Dallas Area School Districts Pay Heavily in the Robin Hood School Tax

Dallas Area School Districts Pay Heavily in the Robin Hood School Tax Coppell and Highland Park Pay the Most Per Capita Property taxes continue to rise, but increasingly for taxpayers in North Texas, those dollars aren’t going to local school districts. According to estimates from the Texas Education Agency for the 2018-19 school year, 25 D-FW school districts are expected to surrender $539 million back to the state through recapture, the mechanism designed to better balance school funding between “property-rich” and “property-poor” districts. Statewide, the TEA estimates that 217 school districts will be subject to recapture for the upcoming school Read more
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Light Farms Plans New Neighborhood for Empty Nesters

By Steve Brown, The Dallas Morning News Celina’s Light Farms community in Collin County, already one of North Texas’ most successful residential projects, hopes to woo older buyers with a new neighborhood. The 1,070-acre development is adding a phase of housing for active older residents. Called Sweetwater, the neighborhood will have single-story homes built by Taylor Morrison. Developer Republic Property Group says the subdivision will have building sites for 170 homes for baby boomers and empty nesters. “We believe the strongest and most-welcoming communities develop over time thanks to balance and diversity in all that they offer residents,” Tony Ruggeri, co-CEO Read more
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Just the Facts – Texas is CNBC’s Top State for Business in America in 2018

* Texas claims the top spot in CNBC’s 2018 America’s Top States for Business rankings. * The energy sector is helping to turbocharge the $1.6 trillion Texas economy. * Texas has added more than 350,000 jobs in the past year. * Texas is home to some of America’s most important public and private companies, including giants like AT&T, ExxonMobil and Dell.   Riding the rising tide of energy prices—and the job growth that goes with it—Texas claims the top spot in CNBC’s 2018 America’s Top States for Business rankings. This is familiar territory for the Lone Star State, which becomes Read more