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DFW Housing Market News and Trends

 

APPARENTLY IT'S NOT JUST CORPORATE RELOCATIONS PUMPING UP DEMAND FOR DALLAS HOUSES
 


Flippers, investors and builders bought more than a third of Dallas homes in 2016, Dallas Morning News, July 13, 2017

Almost 40 percent of the homes sold in the Dallas area last year didn't go to owner occupants. "That's the highest share of purchases going to non-occupants in Dallas since 2000," said Daren Blomquist, economist with Attom Data. "The long-term average for the city of Dallas is about 25 percent, and this was way above that average."

 
 


Foreigners Snap Up Record Number Of U.S. Homes, CNBC, July 18, 2017

Half of all foreign sales were in just three states: Florida, California and Texas.

 

Posted on Monday, July 17th, 2017 at 14:24 pm by H. David Ballinger
 



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