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.
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
July 08, 2009
Dallas housing market OK for longer term or not?
Labels:
D/FW housing market,
Dallas,
housing crunch,
recession 2009
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