I was reading an online article from Builder magazine and came across that interesting fact, along with several other great ones about my city.

In naming Dallas as one 2009’s Healthiest Housing Markets (we ranked 5^th), Builder magazine offered that compared to a 35% drop in housing permits nationally, in 2008, Dallas only dropped by 9%.  That’s 26% better than the national average!

The Dallas employment market also seems to be a source of strength.  According to the article, 42,000 new jobs were created in the Dallas market last year.  That represents a GROWTH rate of 2%.

And housing prices, overall, are holding up well here.  The article mentions that existing home prices were down, but only by a “paltry 2.3%”. 

In looking at the article on our nation’s top housing markets, it was interesting to note that the top were all in Texas.  Houston, Austin, Fort Worth, San Antonio and Dallas took the top 5 spots, in that order.

The article discussed several factors that pointed to the healthiest markets, but the one that I think is most significant is that all these markets were ones that did not see skyrocketing prices during the strong market of the past few years and are not seeing “rampant deflation” during this downturn.

The bottom line is that Real Estate is still doing well in Dallas and now is a great time to be in the market if you are looking for a new home here!

The full article can be found here.   

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If you are looking to buy a home in Dallas, one of the nation’s healthiest housing markets, according the Builder magazine, please contact me today.  The Dallas / Fort Worth area real estate market has a lot going for it and I would be happy to help you capitalize on it and assist you in selling your existing home or purchasing a new one!