Texas metros, led by number one Austin–Round Rock, claimed four of the top five spots and nine of the top 16 in the 2009 Milken Institute/Greenstreet Real Estate Partners Best-Performing Cities Index. Also making the list were Killeen–Temple–Fort Hood (2), McAllen-Edinburg-Mission (4), Houston–Sugar Land–Baytown (5), San Antonio (11), Fort Worth–Arlington (12), Dallas-Plano-Irving (13), El Paso [...]
Continue reading about TEXAS CITIES DOMINATE LIST OF TOP PERFORMERS
Dallas-Fort Worth-Arlington, TX Overall rank: 5 out of top 40 The sprawling, vibrant, and diverse metro has a major international airport, professional sports teams, and large corporations. It is home to ExxonMobil, J.C. Penney, and TXU Energy. Employment in the Dallas metro peaked in the second quarter of last year. Gross metropolitan product in the [...]
Continue reading about Dallas area in Top 10 of US Metros Least Touched by Recession
A total of 18,643 existing single-family homes were sold in Texas last month, a 4 percent increase from September 2008, according to MLS data compiled by the Real Estate Center at Texas A&M University. The median price rose 2 percent to $147,900 during the same period, and the state finished the month with a 7.1-month inventory of existing homes. [...]
Continue reading about Texas Existing Home Sales and Prices UP!
Only four U.S. housing markets experienced an increase in value during January, and three of those were in Texas, according to a survey released Monday. First American CoreLogic reports that Austin–Round Rock saw a 3.9 percent increase in housing market value. Houston–Sugar Land–Baytown reported a 3.6 percent increase and Dallas-Plano-Irving home values jumped 1.5 percent. [...]
Dallas may be faring well in this economic downturn compared with other major metros in the country, but the foreclosure crisis has not passed it by.
First American CoreLogic estimates that about 0.9 percent of Dallas-area homes with mortgages were in foreclosure in December. That’s up from 0.8 percent in December 2007.
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