March 2018

Is California housing overvalued or facing minimal risk of declines?

California housing looks overvalued with overall price appreciation exceeding the market’s economic foundation, according to one new analysis. But the chance that housing losses will occur in the state is minimal, says another industry report. Credit-rating agency Fitch’s is far more antsy about the state’s housing values than what mortgage insurer Arch MI found in its recent housing-risk study. But both reviews, comparing house-price trends with underlying economic patterns, showed

Some farmland in North Texas could face urban expansion

MCKINNEY, Texas (AP) — A 1-mile running track through a hay field outlines the Blake family’s property. The Dallas Morning News reports to outsiders, it’s nothing special — just a mowed-down path where Shannon Blake and her kids run. But it’s here — running along this piece of dirt — where Blake finds peace. Before the Blakes moved to unincorporated Collin County less than two years ago, they lived in

Get ready for more storms after wind wreaks havoc, rain snarls traffic

KXAS-TV (Channel 5) Updated at 11:15 a.m. with more details, including storm damage in DeSoto Two people were rescued and hospitalized after strong storms destroyed several homes in Johnson County between Godley and Joshua, KXAS-TV (Channel 5) reported. And there are more storms to come, along with a blustery arctic cold front that could drop temperatures into the 30s by Tuesday night. The damage in Johnson County was part of

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