Now here’s a nice day-after Christmas gift for all of us Lone Star property owners. Yo, Steve Brown — anything?
2 Comments to “What Have I Been Telling Ya? Texas Home Prices Defy National Trend”
Bill Kennedy@ December 26th, 2007 at 10:21 pm
Yo! Candy… since you are a realtor, you should also point out that all is not rosy.
The numbers you link to do not point out that Dallas is down 0.1% this Oct vs a year ago. Sure, we are up over the year, but we ARE trending down. And, now that people can’t refi and pull money out to pay credit card balances, because their houses are not rising any more, can you say “reality check in ‘08?”
Bill, I’m not a Realtor — yet! But you have made some very good points which I will post. That’s the whole point of this forum — to get out the information!
DallasDirt is a daily discussion and dissention of the Dallas-Fort Worth real estate market, led by D Home Real Estate Editor Mary Candace Evans with contributions from real estate experts and aficionados. Topics include house porn, hot neighborhoods, hot agents, hip pockets, celebrity listings, second homes, vacation homes, real estate trends, data analysis, tips for buying, selling, or staying put. If DallasDirt were a house, it'd be a three-bedroom, two-and-a-half-bath ranch transitional on a quarter acre lot with stainless kitchen and granite countertops: sophisticated with designer touches, room for expansion. Make an offer.
Yo! Candy… since you are a realtor, you should also point out that all is not rosy.
The numbers you link to do not point out that Dallas is down 0.1% this Oct vs a year ago. Sure, we are up over the year, but we ARE trending down. And, now that people can’t refi and pull money out to pay credit card balances, because their houses are not rising any more, can you say “reality check in ‘08?”
Start practicing.
http://blogs.wsj.com/economics.....as-spared/
Bill, I’m not a Realtor — yet! But you have made some very good points which I will post. That’s the whole point of this forum — to get out the information!
PS: I never thought home equity was a great idea.