Wait long enough, and many difference in residential real-estate prices get arbitraged away. That’s one takeaway, at least down to the metropolitan area, from this week’s data release from the Federal Housing Finance Agency (FHFA). It shows several instances of catch-up by areas of the country that have been less favored in recent decades. MaybeContinue reading “Home Prices Tend to Level Out, If Not Off”
Tag Archives: sunbelt
Population Hotspots of Texas
In the 20th anniversary issue of the Real Deal magazine this spring, the remarkable surge of Texas exurbs is described in an article (https://therealdeal.com/magazine/national-april-2023/sultans-of-sprawl/) focusing on local developers as well as major national builders such as Lennar. It’s headlined, “Sultans of Sprawl,” but don’t expect snark even in this entertaining real-estate publication. An even-handed accountContinue reading “Population Hotspots of Texas”