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Member Since 16 Nov 2009
Offline Last Active Jan 26 2023 09:27 AM

Posts I've Made

In Topic: Forum Meetings - Last Friday of the Month: 11:45

26 January 2023 - 09:28 AM

Translation:  "Finally I can talk to the other forum members without Paul interrupting!"



In Topic: Forest Park Miniature Railroad

26 January 2023 - 09:25 AM

I think it was inevitable and the right move.

In Topic: Forum Meetings - Last Friday of the Month: 11:45

26 January 2023 - 07:46 AM

50-50 for me:  We have an appliance delivery tomorrow that I need to be home for.  If they're done in time I will be there.

In Topic: The Comings and Goings of FW Restaurants

24 January 2023 - 12:38 PM

Now here's a concept that Fort Worth needs.  "Dinner in the Sky"

(I wonder what the policy is if you need to use the restroom?)







In Topic: Southside developments

12 January 2023 - 07:55 AM

those row houses on wayside were developed by Hedgefield Homes (sp).

I like them but do think they badly need trees planted along the street in front of them.


A bit surprised to see so many for-sale townhouses and other urban for sale homes popping up at this moment given the residential mortgage and construction loan environment.

It makes sense when you think about it.  When loans were more affordable properties moved quickly.  Assuming the same relative number of homes are coming to the market, they linger longer so it looks like there are a lot of them. For new homes starts, yes the construction loan market is a hindrance but I think it's more likely a developer can more readily absorb the rate increase than a home buyer.  If it comes down to keeping their builders going versus cutting them off, it may be worth it to continue forward in a challenging environment, especially if the rate hikes are viewed as temporary.