Ben Caballero: Improved pending new-home sales don’t quite indicate strong spring market
Although new-home sales decreased in Dallas-Fort Worth in February, buyer activity heated up in the form of an increase in pending home sales, according to the latest report from HomesUSA.com. That improvement indicates improved sales later this spring — but not a big enough boost to get excited about, said CEO Ben Caballero. “Dallas builders are […]
New home sales fall in Dallas-Fort Worth while inventory softens and prices hold steady
By Bill Hethcock – Managing Editor, Dallas Business Journal Dallas-Fort Worth new home sales fell to 1,839 in November. Homes took 154.9 days to sell, up from 116.4 last year. Year-to-date housing starts in DFW declined 9.1 percent. Dallas-Fort Worth new home sales fell again in November as houses spent more time on the market, […]