David Blitzer
After 22 months of growth, are Dallas home prices about to hit a plateau? Could be. The Standard & Poor’s Case-Shiller home price index showed a 10.2 percent year-over-year increase in Dallas home prices according to their most recent 20-city composite report. Dallas now ranks with 13 of the top 20 cities measured by Case-Shiller’s HPI…
Really nice piece here in the New York Times explains why we are beginning to see home prices creep — I said CREEP — upwards, even in markets like Phoenix and Las Vegas: lack of inventory. It’s a very similar situation here in parts of Dallas, mostly the Park Cities, Preston Hollow, and Lakewood: hip…