SocraticGadfly: Dallas housing market OK for longer term or not?

July 08, 2009

Dallas housing market OK for longer term or not?

A new study says the Metroplex has little risk of home prices being lower two years from now.

But, but, but, the Dallas housing market was in the tank for the second quarter.

Of most concern, I think, is that new housing starts are off even more than new home sales from a year ago. And, the market is still oversupplied.

So, is the study correct, or not?

Well, I guess area homeowners will see … two years from now.

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