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Real Estate Market like the Weather

By
Real Estate Agent with RE/MAX Dallas Suburbs

The real estate market is like the weather. It is good in some places and not so good in others. Here is a link to a good website regarding the DFW real estate market: http://www.dfwhousingfacts.org/ There are good statistics on this site for people interested in the Dallas/Fort Worth area from fact about the job market to history of housing prices.

There is one chart entitled "No Housing Bubble in DFW" that show that while other areas of the country were experiencing significant price increases, the DFW area was increase, yet at a much slower pace. The chart also show a decrease in prices in our market, although again not at the excelerated rate of some markets.

All this said, the point I an trying to make is that making a decision to buy or sell based on the "national" housing market is like making a decision on where to vacation based on a national weather forecast.