Pre-existing home sales slumped 18 percent in August. The median price dropped 3 percent.
The only reason Dallas home prices haven’t cratered like SoCal, Vegas, South Florida and Phoenix is that they didn’t balloon as much in the first place.
Contrary to Texans for a Sound Economy and other numbnuts, being a more moderate Republican governor (Schwarzenegger, to a degree, Charlie Crist in Florida) doesn’t doom your state economy to hell.
It’s the economy, stupid. Period.
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