Showing posts with label Dallas Morning News. Show all posts
Showing posts with label Dallas Morning News. Show all posts

Wednesday, October 30, 2013

Jenny's Guide to Home Loans: Dallas Morning News - D-FW foreclosure filings dow...

Jenny's Guide to Home Loans: Dallas Morning News - D-FW foreclosure filings dow...: Dallas Morning News Wednesday, October 20, 2013 "total foreclosure filings for the D-FW area so far in 2013 are at the lowest level i...

Dallas Morning News - D-FW foreclosure filings down 49% over last year

Dallas Morning News
Wednesday, October 20, 2013

"Total foreclosure filings for the D-FW area so far in 2013 are at the lowest level in almost a decade."
Foreclosure Listing Service CEO, George Roddy said this week "I think we are now running at normal numbers.  I can't think of anything that will bring it back up high."

Here are area postings on residential properties scheduled for foreclosure auction in November and change from a year  ago:
  • Dallas County: -46%
  • Tarrant County:  -49%
  • Collin County:  -55%
  • Denton Coutny: -53%
  • D-FW area:  -49%
(Source: Foreclosure Listing Service)

This shows the strength of the economy in D-FW and surrounding areas.  Great time to be a Realtor!

Friday, August 23, 2013

From The Dallas Morning News "Are N. Texas home prices rising too fast?"

Here is some good news for Real Estate professionals. Steve Brown with Dallas Morning News wrote an article that puts Dallas real estate market in perspective:

"Dallas area has recouped everything lost in the recession and then some when it comes to residential real estate values."

"In July, the price of pre-owned single-family homes in North Texas was up 12 percent from a year earlier.  And pre-owned condominium prices jumped an unheard of 17 percent year of year."

"The median price of houses sold by real estate agents through their multiple listing service is about 40 percent higher than it was in January 2009."

Information courtesy of Steve Brown and The Dallas Morning News

Saturday, January 7, 2012

Dallas Morning News articles: DFW Rents see record rise in 2011 / Home Mortgage Outlook for 2012


Couple great articles to share with your "on the fence" clients:

Here are 2 articles in Dallas Morning News Briefing on January 6th 2012:

D-FW rents see record rise in 2011-

North Texas apartment renters paid almost 5 percent more in 2011, the biggest annual increase on record.
At the end of 2011, DFW apartment rents averaged a record $804 a month, the Carrollton-based apartment analyst said Thursday. And most new North Texas rental units start above $1,000.
~DMN

Home mortgage outlook:

Fran Nothaft, chief economist at mortgage giant Freddie Mac, is predicting that residential mortgage rates will be "relatively low during the first half of the year, with rates edging up during the second half."
This week, nationwide rates for 30-year fixed home loans were a record low 3.91 percent.
That means the payment on a $200,000 mortgage is less than $950 (principle and interest) a month. Most new apartments in the Dallas area will run you more than that.
~DMN