Well... Think again People - This is Texas, and everything IS bigger in Texas.
While the rest of the country saw spikes in property values over the past few years, we steadily rose... slowly but surely. I know you were hoping for more, but now, we are sitting back smiling while a majority of the country is in crisis. Of course, our hearts go out to those who are in crisis, because it does effect all of us in a lot of ways.
BUT the purpose here is to tell you not to fear the media and know there is are good things coming our way.
Business 2.0 reports Dallas-Fort Worth Projected median sales prices for single-family homes:
Q1 2008: $151,930
Q4 2009: $161,690
Growth rate: 6.4 percent
The Metroplex is adding jobs at twice the national rate. Better yet, those new jobs are concentrated in well-paying fields like banking, advertising, and health care. Dallas-Fort Worth sits at the center of the Interstate 35 corridor, a "megapolitan" galaxy of urban development that Virginia Tech researchers estimate will add 6.4 million new people and 2.8 million units of housing over the next two decades. Dallas also serves as the North American headquarters for international high-tech employers like Nokia and Ericsson. All of this makes Dallas one of the nation's nine most global metros - cities that are hubs for international trade and foreign investment - according to an analysis by Moody's Economy.com.
So... as you can see we have avoided the "boom-and-bust" cycle, which is one reason this market is on track to post the best returns on housing of any major U.S. city during the next two years.
Call us today to let us help you with your Relocation to Dallas! 972-899-3282
posted by Leigh Bates
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