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Did Dallas Miss Out On The World’s Biggest Real Estate Boom?

Posted on July 30th, 2009 10:32am by Candy Evans
Filed under Changing market trends in Real Estate, Drastic home price reductions, home price values

case-shiller Wick poses the question over on Frontburner, with this colorful chart. I think we need to keep in mind that the purple line that represents Dallas real estate values is an overall average of everything from Preston Trails to Oak Cliff. There are parts of town –Park Cities, Preston Hollow, Lakewood — that, if graphed, I think would look more like Seattle. Real estate is about as local a story as you can get. And I wish I had bought more real estate in 1999.

3 Comments to “Did Dallas Miss Out On The World’s Biggest Real Estate Boom?”

Gadfly @ July 30th, 2009 at 11:13 am

Did you notice that our purple line is as flat as our landscape? And the flattest one on the chart.
Candy Evans @ July 30th, 2009 at 11:20 am

No, it edged up a wee bit… about as much as our hills. But that’s what gives us good excuses to buy second homes!
Anne B @ July 31st, 2009 at 3:10 pm

Umm….aren’t the values for all of the other cities also averaged? Los Angeles, Phoenix, Chicago, and Las Vegas all have areas that are not nice to live in and have low property values – but they still had much more of a boom.