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Home ownership taking bigger bite of buyers’ wages in North Texas

Home ownership taking bigger bite of buyers’ wages in North Texas

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Home ownership taking bigger bite of buyers’ wages in North Texas
Home ownership taking bigger bite of buyers’ wages in North Texas
Home ownership taking bigger bite of buyers’ wages in North Texas
Home ownership taking bigger bite of buyers’ wages in North Texas
bizjournals bizjournals | 1 year ago
The portion of wages required to own a home has risen sharply nationwide, and that trend is playing out in spades in North Texas. In Collin County, for example, major home ownership expenses gobble up 44.1% of median annual wages, and in Denton County, it's 51.3%. Nationwide, it's risen this quarter to 31.5% as the median price of a single-family home has hit a new high.
The portion of wages required to own a home has risen sharply nationwide, and that trend is playing out in spades in North Texas. In Collin County, for example, major home ownership expenses gobble up 44.1% of median annual wages, and in Denton County, it's 51.3%. Nationwide, it's risen this quarter to 31.5% as the median price of a single-family home has hit a new high.
North Texas new home starts rose slightly in Q1
North Texas new home starts rose slightly in Q1
North Texas new home starts rose slightly in Q1
North Texas new home starts rose slightly in Q1
bizjournals bizjournals | 2 years ago
Builders initiated construction on almost 16,000 units, an increase of 681 units or 4.5% compared to Q1 last year
Builders initiated construction on almost 16,000 units, an increase of 681 units or 4.5% compared to Q1 last year
Average new home in North Texas fast approaching $500,000; existing home prices rocket 22%
Average new home in North Texas fast approaching $500,000; existing home prices rocket 22%
Average new home in North Texas fast approaching $500,000; existing home prices rocket 22%
Average new home in North Texas fast approaching $500,000; existing home prices rocket 22%
bizjournals bizjournals | 2 years ago
The average price of a new home in Dallas-Fort Worth jumped more than $12,000 last month and is up over $60,000 in the past year. The median price for existing homes increased 21.5% to $376,500 year over year.
The average price of a new home in Dallas-Fort Worth jumped more than $12,000 last month and is up over $60,000 in the past year. The median price for existing homes increased 21.5% to $376,500 year over year.
Rising off-market home sales compounding severe inventory shortage in North Texas
Rising off-market home sales compounding severe inventory shortage in North Texas
Rising off-market home sales compounding severe inventory shortage in North Texas
Rising off-market home sales compounding severe inventory shortage in North Texas
bizjournals bizjournals | 1 year ago
The number of homes being sold in Dallas-Fort Worth without ever hitting the Multiple Listing Service is climbing — exacerbating a severe inventory shortage — and the trend is especially prevalent at the luxury level, residential real estate agents and executives say.
The number of homes being sold in Dallas-Fort Worth without ever hitting the Multiple Listing Service is climbing — exacerbating a severe inventory shortage — and the trend is especially prevalent at the luxury level, residential real estate agents and executives say.
Pandemic-Weary Luxury Vacation Home Buyers Embracing Co-Ownership
Pandemic-Weary Luxury Vacation Home Buyers Embracing Co-Ownership
Pandemic-Weary Luxury Vacation Home Buyers Embracing Co-Ownership
Pandemic-Weary Luxury Vacation Home Buyers Embracing Co-Ownership
forbes forbes | 1 year ago
Pandemic-Weary Luxury Vacation Home Buyers Embracing Co-Ownership Riviera Maya's Fairmont Heritage Place Mayakoba and its resident-only amenities are convincing many ... [+] buyers to embrace the benefits of co-ownership. RLH Properties Riviera Maya's Fairmont Heritage Place Mayakoba and its resident-only amenities are convincing many ... [+] buyers to embrace the benefits of co-ownership. If you’ve owned one, we needn’t remind you of the headaches and costs a vacatio...
Pandemic-Weary Luxury Vacation Home Buyers Embracing Co-Ownership Riviera Maya's Fairmont Heritage Place Mayakoba and its resident-only amenities are convincing many ... [+] buyers to embrace the benefits of co-ownership. RLH Properties Riviera Maya's Fairmont Heritage Place Mayakoba and its resident-only amenities are convincing many ... [+] buyers to embrace the benefits of co-ownership. If you’ve owned one, we needn’t remind you of the headaches and costs a vacatio...
Everything's Bigger in Texas: Superstar Interview with Danii Sedillo
Everything's Bigger in Texas: Superstar Interview with Danii Sedillo
Everything's Bigger in Texas: Superstar Interview with Danii Sedillo
Everything's Bigger in Texas: Superstar Interview with Danii Sedillo
timandjulieharris timandjulieharris | 8 years ago
Everythings bigger in Texas, including real estate Superstar, Danii Sedillo's success!  Born in Germany, Danii came to the United States in 2005 and embarked on a career in real estate.  Danii specialized in New Home Sales and is a Certified Military Relocation Professional; being named the exclusive Realtor for the German Air Force in Fort Bliss Texas.  Danii has been in the business since 2005, has ranked in the Top 20 agents in EL Paso since 2012 and started her own team in 2015.   Wit...
Everythings bigger in Texas, including real estate Superstar, Danii Sedillo's success!  Born in Germany, Danii came to the United States in 2005 and embarked on a career in real estate.  Danii specialized in New Home Sales and is a Certified Military Relocation Professional; being named the exclusive Realtor for the German Air Force in Fort Bliss Texas.  Danii has been in the business since 2005, has ranked in the Top 20 agents in EL Paso since 2012 and started her own team in 2015.   Wit...
Bigger Isn’t Always Better: What Today’s Buyers Are Looking For in a Home
Bigger Isn’t Always Better: What Today’s Buyers Are Looking For in a Home
Bigger Isn’t Always Better: What Today’s Buyers Are Looking For in a Home
Bigger Isn’t Always Better: What Today’s Buyers Are Looking For in a Home
www.realtor.com www.realtor.com | 1 year ago
Bigger isn’t always better. After the mad dash by homebuyers to purchase larger places to live in at the height of the COVID-19 pandemic, some experts are making a case for more efficiently designed, smaller homes. With the pandemic seemingly waning, mortgage rates and home prices rising, and builders struggling to get anything up in the face of supply chain shortages, there’s a convincing argument to be made that home shoppers should consider seeking smaller houses. A new book by Sheri Koon...
Bigger isn’t always better. After the mad dash by homebuyers to purchase larger places to live in at the height of the COVID-19 pandemic, some experts are making a case for more efficiently designed, smaller homes. With the pandemic seemingly waning, mortgage rates and home prices rising, and builders struggling to get anything up in the face of supply chain shortages, there’s a convincing argument to be made that home shoppers should consider seeking smaller houses. A new book by Sheri Koon...
Two Dallas neighborhoods lead all of North Texas in 10-year home price appreciation
Two Dallas neighborhoods lead all of North Texas in 10-year home price appreciation
Two Dallas neighborhoods lead all of North Texas in 10-year home price appreciation
Two Dallas neighborhoods lead all of North Texas in 10-year home price appreciation
bizjournals bizjournals | 1 year ago
What a difference a decade makes. Median home prices have shot up 270% — from $122,000 to $450,000 — in a neighborhood just southwest of downtown Dallas. Check out the 40 ZIP codes throughout North Texas where home values have soared the most.
What a difference a decade makes. Median home prices have shot up 270% — from $122,000 to $450,000 — in a neighborhood just southwest of downtown Dallas. Check out the 40 ZIP codes throughout North Texas where home values have soared the most.
Home Ownership - Show 404
Home Ownership - Show 404
Home Ownership - Show 404
Home Ownership - Show 404
nar nar | 7 years ago
Real Estate Today Radio - SHOW 404 On this week's Real Estate Today, it's our special show "Home Ownership." This Week's Show Includes: - Top News Of The Week - Your Vote Counts - The America of Homes - Ask The Millennial - Smart Home Technology - Get REALTOR(R) Become a part of the community at http://retradio.com!
Real Estate Today Radio - SHOW 404 On this week's Real Estate Today, it's our special show "Home Ownership." This Week's Show Includes: - Top News Of The Week - Your Vote Counts - The America of Homes - Ask The Millennial - Smart Home Technology - Get REALTOR(R) Become a part of the community at http://retradio.com!
9 Tips for First-Time Home Buyers in Austin, Texas
9 Tips for First-Time Home Buyers in Austin, Texas
9 Tips for First-Time Home Buyers in Austin, Texas
9 Tips for First-Time Home Buyers in Austin, Texas
Green Residential Green Residential | 1 year ago
We can’t tell you how many people have come to us saying they’re tired of paying rent. Every month, they felt like they were throwing money away when all along, they could have been investing in their future. Buying a house isn’t a minor decision. Many factors have to be considered, such as which neighborhood... [Read More]
We can’t tell you how many people have come to us saying they’re tired of paying rent. Every month, they felt like they were throwing money away when all along, they could have been investing in their future. Buying a house isn’t a minor decision. Many factors have to be considered, such as which neighborhood... [Read More]