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 20, 2012 by Rogers Healy

Best year for local housing market since before recession

This year is turning out to be the best for the local housing market since before the recession.  Home sales are up all over Dallas and home purchases are up more than 25% higher than last year.

A pickup in job growth, low interest rates and relatively affordable home prices have buyers becoming more confident about the economic environment.

Even though there is a widespread gain in the number of home sales, prices are rebounding much more slowly.  The sellers are finally taking low prices for their property after sitting for two years.

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Posted April 3, 2012 by Rogers Healy

America's Healthiest Housing Markets Fueled by Oil

Dallas, Midland, Tulsa, Billings, Oklahoma City, and Corpus Christi are all booming with new oil production, all made HomeValueForecast.com's top ten list of March markets, and all missed the housing boom and bust. Coincidence?

 

America's pain at the pump is creating low unemployment rates and higher property values in oil centers. New fractioning techniques are making shale oil formations like the Eagle Ford Shale in Texas more accessible.

 

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Posted March 26, 2012 by Rogers Healy

Texas leads the nation in total jobs added since 2008

According to data from the U.S. Bureau of Labor Statistics, Texas weathered the recession better than any other state in the area of job growth.  Texas added 139,800 jobs during the period analyzed. North Dakota also led the the nation in the percentage increase in jobs since 2008.  Texas and North Dakota where joined by Louisiana and Alaska as the only four states that not only recovered jobs lost during the recession, but actually added more.

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