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Posted February 25, 2013 by Rogers Healy

What Happened 94 Years Ago Today?

 

94 years ago today, Oregon imposed the countries first gas tax. It was a 5¢ per gallon tax. In the following decade, all of the U.S. states (48 at the time), along with the District of Columbia, introduced a gasoline tax. By 1939, an average tax of 3.8¢ per gallon of fuel was levied by the individual states.

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Posted August 20, 2012 by Rogers Healy

Homebuilder Confidence Rises to Five-Year High

Confidence among U.S. homebuilders climbed in August to the highest level in more than five years, affirming the improvement in residential construction.  The National Association of Home Builders/Wells Fargo builder confidence index rose to 37, higher than projected and the best showing since February 2007, according to figures from the Washington-based group released today.

With low mortgage rates and cheaper homes, optimism about housing demand continues to rise.

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Posted July 31, 2012 by Rogers Healy

Dallas Ranked One of the Coolest Cities in U.S.

Forbes Magazine has ranked Dallas No. 4 in its list for "America's Coolest Cities To Live."

The magazine ranked the 65 largest Metropolitan Statistical Areas and Metropolitan Divisions in order to come up with it's list.  The ranking took job growth, population growth, number of entertainment options, amount of green space, the cost and number of outdoor activities, as well as the number of pro and college sports teams into consideration.

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Posted June 19, 2012 by Rogers Healy

Fierce competition due to home shortage

The newest problem for this slowly improving housing market isn't a shortage of serious buyers, it's a shortage of good homes.

The housing inventory dropped to levels that haven't been seen since the bubble years.  The number of homes for sale in the U.S. hit 2.5 million in April which is the lowest April since 2006, according to the National Association of Realtors.

The lack of available homes is frustrating for many people wishing to purchase new homes and they are now trying to find homes before they are listed.

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Posted June 6, 2012 by Rogers Healy

Dallas home prices rise 3.5% in April

The price of a home in the Dallas-Plano-Irving area increased by 3.5 percent in April compared to the same month last year, according to the CoreLogic April Home Price Index released on Tuesday.

In Texas as a whole, home prices rose 2.4 percent in April 2012, year over year, including distressed homes and by 3.7 percent excluding distressed homes.

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Posted May 25, 2012 by Rogers Healy

Sales of new homes slowly grows

Sales of new homes are showing some signs of life, growing 3.3% month over month to an annualized rate of 343,000 in April, according to a government report released Wednesday.

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Posted May 7, 2012 by Rogers Healy

Don't expect homes to get much cheaper

Buying a home may never get any cheaper than now.  Several housing experts are predicting that this year will be the last chance for bargain hunters to cash in on the best deals of the weak housing market.

Homes have never been more affordable with prices down 34% nationally since 2006 and mortgage rates at historic lows, but it won't stay this way for much longer.

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Posted April 25, 2012 by Rogers Healy

Numbers point to a solid winter rebound in the housing market

Government figures for the previous two months were revised and the numbers are much higher than previously figured.  This points to a solid winter rebound in the housing market.

Helped by low prices, record low mortgage rates and an increase in hiring that has lowered the unemployment rate, the battered housing market has been showing signs of recovery so far this year.

It is now cheaper to buy a home than rent in much of the country.

 

If you are in the market to buy, rent or sell, contact Rogers Healy.

 

214.207.9580

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Posted April 10, 2012 by Rogers Healy

A great start to the home selling season

The first quarter of 2012 has brought a surge in home sales!

Pre-owned home sales were up 16 percent in the first quarter of 2012 compared to the same quarter last year.  Median home resale values were also up a solid 5 percent for the quarter with March alone boasting an 11 percent increase from a year ago.

 

This is great news for the housing market because March is the first real month of the selling season. Don't be surprised to see numbers as strong as these for the second quarter as well!

 

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Posted January 27, 2012 by

Pre-owed home sales climb in the majority of North Texas! First time in five years!

 

According to Steve Brown, who is a writer for The Dallas Morning News, the North Texas Real Estate market is turning a corner.  And it’s good news!

 

For the first time since 2006 most areas in North Texas including Oak Lawn, Uptown, Downtown, and The Park Cities, experienced sales increases of up to ten percent.  Northeast Dallas was up over eleven percent.

 

Forecasts improvement in home sales and prices are projected in 2012 and 2013.

 

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