The Dallas-Fort Worth area exemplifies a renewed faith in the housing market.
“With home prices in the Dallas-Fort Worth area soaring over the last few years, local property owners are sitting on billions of dollars,” according to an article by Steve Brown.
All that cash is due to the region having some of the highest home equity rates in the country, according to a recent analysis by CoreLogic.
“With so much money locked in housing, the number of consumers breaking into that piggy bank is growing. Homeowners are refinancing their properties to pull out cash or getting lines of credit tied to the equity in their homes,” according to Brown. That behavior seems reminiscent of times before the year 2008, but Brown also notes some key distinctions between then and now.
FULL STORY: Soaring home values are fueling a rise in cash-out loans and credit
Federal Eviction and Foreclosure Moratorium Extended Until the End of August
Breaking news: a federal moratorium on evictions and foreclosures of single-family mortgages backed by Fannie Mae and Freddie Mac will be extended until at least the end of August. The moratorium had been set to expire at the end of June.
Few Homeowners in Forbearance in April; Number Expected to Grow
The Mortgage Bankers Association surveyed the U.S. home mortgage servicing market for indications about how the nation's 26.9 million home loans were holding up during the first weeks of the pandemic.
Texas Losing its Housing Affordability Advantage
Trends pre-dating Covid-19 showed housing affordability slipping away from many residents in Texas. The pandemic will likely only exacerbate the trend, according to this analysis.
Seattle Legalizes Co-Living
A new state law requires all Washington cities to allow co-living facilities in areas zoned for multifamily housing.
NYC Officials Announce Broadway Pedestrianization Project
Two blocks of the marquee street will become mostly car-free public spaces.
Denver's New High-Rise Integrates Vertical Canyon in Architectural Design
Unlike other new builds in Denver, Colorado, a new high-rise reveals a unique “sculptural canyon” running vertically through the facade to foster a sense of community and connection to nature.
California E-Bike Rebate Program Launches — Again
After a series of fits and starts, CARB says the program will begin accepting applications this month.
Analysis: Localized Upzoning Less Effective
Changing zoning rules for a small number of parcels can increase land values and housing costs without boosting the housing supply.
Amtrak Breaks Ridership Record in FY 2024
More Americans than ever rode the rails last year, also bringing the agency its highest ticket revenue.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Caltrans
Heyer Gruel & Associates PA
Caltrans
American Planning Association, Sustainable Communities Division
HUDs Office of Policy Development and Research
HUDs Office of Policy Development and Research
City of Cambridge, Maryland
Newport County Development Council: Connect Greater Newport
Rockdale County Board of Commissioners