Tag Archives: Dallas Market
So D’Ann Petersen told Sheryl Jean at the Dallas Morning News that home prices are rising so fast in North Texas, she’s tempted to sell her house. D’Ann Petersen is a business economist for the Federal Reserve Bank of Dallas.
You must have heard by now that we here in Dallas are not living in sync with the rest of the nation. I had to make a quick trip to Rockford, Ill. over the weekend and was that an eye-opener real estate wise: things just are not moving, values just stuck. So it did not shock me at all that Standard & Poor’s/Case-Shiller Home Price Index came out Tuesday and Dallas is one of seven cities where prices are improving. Like, inching upwards. That would be us, Charlotte, Denver, Detroit, Miami, Minneapolis and Phoenix, the ONLY cities in the 20-city metro composite where the annual rates of return, or home prices, are getting better.
Just be Glad You Don’t Live in Atlanta: Case-Schiller Report Says Good Things About Dallas Market, Not so Good Things About Everywhere Else
I love Dallas, y’all.
We’ve got a lot of things going for us. Take our beautiful Arts District, our growing Southern sector, and our rebounding downtown, for example. And according to Standard & Poors/Case-Schiller Home Price Indices, Dallas is maintaining its ground when it comes to residential real estate. Continue reading