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Dallas Real Estate Market Report: When Will The Sun Come Out?

Posted on June 16th, 2009 6:17pm by Candy Evans
Filed under Real Estate, market stats, market trends, marketing your home for sale, real estate economics

Not ’till 2010, according to Wells Fargo Economics senior economist Eugenio Aleman, and well into 2010, when the job markets start to stabilize. (Austin’s job market is healing, but Austin job recovery may take even longer.) What we don’t need about now is rising interest rates, which have crept up lately. Rates over 7 and 8 percent could stifle any small gains we’ve made in this spring market.

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