In The News

In The News

The latest news featuring Residential Strategies.

Builder

February 7, 2019

View Homes Of Colorado Springs Buys Texas Home Builder

Colorado Springs-based View Homes, owners of Desert View, Horizon View, and Aspen View homes, has acquired San Antonio and Laredo based builder, Armadillo Homes.
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Dallas Morning News

January 15, 2019

Tarrant County’s More Affordable Prices Made It The Top D-FW Home Market In December

Tarrant County wound up as the top market in December’s Dallas-Fort Worth home sales report.

“Tarrant County has the lowest median and average home price of the four major counties comprising D-FW,” said Ted Wilson, principal with Dallas-based housing analyst Residential Strategies. “In fact, the median existing sales price in the greater Fort Worth area is more than $50,000 below that of greater Dallas.”

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Dallas Business Journal

January 10, 2018

Here’s Why DFW Homebuyers Facing Affordability Issues May Be In Luck

Dallas-Fort Worth closed out 2018 as one of the most active housing markets in the country, but not without experiencing a bit of a slowdown in home starts and buyer activity.

“Looking ahead into the spring 2019 market, we are hopeful that buyer activity picks back up again,” said Ted Wilson, principal with RSI, in a written statement. “Since November 2018, the 30-year mortgage rate has fallen, returning to the 4.5 percent level. This bodes well for consumers that are facing affordability issues.”

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Dallas Morning News

January 9, 2018

D-FW Homebuilders Cut Back On Starts In The Fourth Quarter

North Texas homebuilders eased off construction in the fourth quarter as some buyers took a break from the housing market.

“We had a downtick in the home start activity,” said Ted Wilson of Dallas housing analyst Residential Strategies.
“Our starts, for the first time in some time, we’re off about 750 units compared to a year ago. It doesn’t surprise me — it’s kind of what I was expecting.”

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Dallas Morning News

January 2018

Home Market Update

After seven consecutive years of increasing sales, North Texas homebuilders saw a slowdown in the market in the second half of 2018 as consumers adjusted to higher mortgage costs and huge home price increases.

“The combined effects of a higher mortgage rate and increased house prices have pushed the consumer to the affordability limit. The speed at which rates have moved higher has caught many prospective buyers by surprise and is to blame for the recent market sputtering.” –Ted Wilson, principal, Residential Strategies Inc.
“Dallas-Fort Worth, the nation’s top new home market, is slowing from a frenzied, overheated pace to a more stable, normalized market. Builders and developers are hard at work delivering product to meet the strong demand for affordable new homes.”

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