In The News

The latest news featuring Residential Strategies.

Dallas Business Journal

March 2019

Housing Market: Prices Stall, Sales Stagnate

February’s 1 percent fall in area home prices compared to 2018 could indicate slowdown

“There continues to be ample demand for housing in D-FW,” said Ted Wilson of Residential Strategies Inc. “But as inventory levels start to increase for both new and existing homes, it is more difficult for sellers to push pricing.”

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Dallas Morning News

February 2019

D-FW Housing Market Takes A Nosedive

January sales weakest in four years; prices decline sharply in some areas

“There has been sort of a malaise out there with consumers,” said Ted Wilson, principal with Dallas-based housing analyst Residential Strategies. “We pushed and pushed prices, and consumers finally got to the point they couldn’t take much more. That played out pretty clearly in the fourth quarter.”

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Dallas Morning News

January 15, 2019

Tarrant County’s More Affordable Pricing Make 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 Morning News

January 9, 2019

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, were 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 2019

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.

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