Shocking Trends Emerging In The Dallas Housing Market
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- čas přidán 11. 06. 2024
- Brace yourself for the latest and most astounding developments in the Dallas housing market! Inventory is surging, homes are lingering on the market longer, and buyers now have a wealth of options. In a surprising twist, while home prices are plummeting in many neighborhoods, some areas are defying the trend and seeing prices increase. Whether you're a buyer, seller, or real estate enthusiast, it's crucial to grasp these game-changing trends. Watch now to stay ahead of the curve and make informed decisions in this volatile market!
- Zábava
very informative! Thanks for sharing!
Anytime! I’m glad it was helpful!
You say you can get a deal by getting into a new development early. In 2008 new construction developments were turning into ghost towns with partially built homes left to rot. I’m already seeing developers having issues selling lots in newer DFW developments. Are you sure the next year or 2 isn’t going to get ugly after this election? To each their own but I’d rather wait till we get more confirmation and builders/developers drop prices
I remember that! We had a subdivision close to our neighborhood that built a handful of houses then the developer/builder went bankrupt. Those few houses sat for years. I would say if you’re concerned about that happening in the present you want to explore cause. The events in 2008 were not precipitated by an election, they were caused by toxic loans and mortgage companies going insolvent.
Developers and builders operate in a leveraged model. Explore the factors behind that leverage. What would cause them to go bankrupt? In 2008 it related to mortgagees not paying, mortgagors going bankrupt and a credit crisis. I don’t see those factors saturating our market like they did in 2008.
You do make an interesting comment about developers though. What is your information source for developers having issues selling lots? I would be very interested in pursuing that further!
@@WendyPannell it’s looking like it could be way worse than 2008s bad loans. Majority of Americans who listen to CNN and MSNBC about Bidenomics working will figure it out too late.
Less full time jobs more multiple part time jobs(DoorDash/starbucks/Amazon flex
More expensive food and energy
Record credit card debt
Banks taking huge commercial hit
Auto Repos up
Bankruptcy filings trending up
Insurance up
Property tax up
Worst unaffordability of all time when you compare average income to average single family home
Condos are pretty much worthless now with high HOA dues and mismanagement of dues
Most Retail is down 20 to 35% depending on type
They say that 90% of Americans are 1 emergency away from foreclosure and or bankruptcy.
This is just half of the reasons we’re waiting till after election.
Kamala says Bidenomics is the best economy of all time though. I’d like to see how many government funded full time jobs were created since Trump left office 😆
Garland, price is going up
I took a quick look at Ntreis Trends and it’s up by .6%. So, up a bit but not by much!
58 minutes? People are likeely to watch if videos are shorter than 20 minutes.
Wendy has a bunch of shorter than 20 minutes videos. This is just their weekly live stream.
Thanks Karen!