DFW Home Prices Escalating Rapidly DFW area home prices are nearing ten percent over their peak in 2006, and continue to rapidly increase. Ten years ago, nationwide pre-owned home prices were 30 percent higher than in the DFW area. Now, national median home prices are less than 15 percent ahead of those in the DFW area, according to the National Association of Realtors. And that margin continues to decrease monthly. “When our housing isn’t cheap anymore, employers won’t be able to attract workers as easily,” notes Mark Dotzour, chief economist with the Real Estate Center at Texas A&M. “It’s an absolute disaster for economic development and the future of North Texas.” - Dallas Morning News, January 18, 2014
Posted on: Sun, 26 Jan 2014 18:00:00 +0000
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