Posted May 16, 2012 by Rogers Healy
Bullet train between Dallas and Houston
Bullet trains are a form of transportation many Texans thought they'd never see unless they were on vacation in Asia or Europe. But rail advocates say a proposal to build a high-speed line connecting Dallas-Fort Worth and Houston may happen a lot sooner than expected, possibly 2020.
A group led by Central Japan Railway Co. that includes notable Texans such as former Harris County Judge Robert Eckels is seeking roughly $10 billion in private investment.
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Posted May 14, 2012 by Rogers Healy
Home Prices Rise in Half of U.S.
Prices for single-family homes climbed in half of U.S. cities in the first quarter as real estate markets stabilized.
The median sales price increased from a year ago in 74 of 146 metropolitan areas measured, the National Association of Realtors said in a report today. In the fourth quarter, only 29 areas had gains.
There are broad shortages of homes in much of the country. This is good news for sellers who wish to list now, or for those waiting for prices to improve.
If you're thinking about listing your home, now is a great time!
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Posted May 9, 2012 by Jessie Morrell
You won't want to miss out on this condo!!!
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Posted May 9, 2012 by Rogers Healy
Texas is Leading state for commercial real estate development
Texas ranked number one in the nation in the development and construction of office, retail and industrial space in 2011, according to a report issued by NAIOP Research Foundation.
After Texas, New York ranked second, West Virginia third, and California fourth.
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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 May 4, 2012 by Rogers Healy
Mortgage Rates at New Record Lows
Mortgage rates are continuing to hit record lows according to Freddie Mac and Bankrate.com.
Rates on the 30-year fixed-rate mortgage averaged 3.84% this week, down from 4.71% a year ago, according to the most recent Freddie Mac survey of conforming rates. Mortgage rates also hit lows in Bankrate.com's weekly survey.
Now is a great time to buy a home!
If you are in the market or on the fence about buying a new home, contact Rogers Healy.
214.207.9580
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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 9, 2012 by Natalee Rader
Dick Clark's "Flintstone Style" Home For Sale
American Bandstand host Dick Clark's "Flintstone-esque" house is for sale. The home is nestled on 22 acres on top of a mountain in Malibu, CA.
Posted April 6, 2012 by Rogers Healy
Home prices stagnate but rents keep rising
Renting used to be cheaper than buying but in many areas that's no longer the case. Rents continue to to rise and home prices are staying relatively stagnate.
Asking prices for homes shrank 0.7% over the past year while rents rose 5%, according to a report released Thursday by real estate listing site Trulia. The average rent for all types of rental homes rose to $1,350 per month in March from $1,285 a year earlier.
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Posted March 29, 2012 by Rogers Healy
Best Buy is closing 50 stores this year
Best Buy is beginning to rethink its big-box business model after realizing that it is no longer working.
Their big-box store model dominated electronics retailing for much of the past two decades but the electronics chain said it would close 50 stores this year while testing new store formats. Bests Buy will also be trim 400 corporate and support workers from their company as part of it's plan to cut $800 million in costs and restructure its ailing business.
