One out of every 10 Dallas homes purchased last year sold for a loss.
And, 10 percent of people who have bought homes here in the past five years are upside down right now.
True, it’s not Stockton, Calif., which has a 38 percent year-over-year decline in home values, but it is a reminder that Dallas isn’t scot-free on any economic slowdown.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
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As seen at Washington Babylon and other fine establishments
August 12, 2008
10 percent of Dallas homes go underwater
Labels:
Dallas,
housing crunch
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