Saturday, June 17, 2006

No Bubble to Burst

According to the D-Home blog, financial types have finally concluded that there is no housing bubble in Dallas. An article on has declared that homes here are undervalued by 18.8% and are considered a best buy (interestingly, all of the undervalued home markets are in Texas). Our area's median house price tag is $129,000, which is roughly the cost of walking past a house in areas like Naples, FL, San Francisco, and NYC. I'm not sure if this means we'll see a bump in the value of our homes as people in over-priced markets rush to invest in Big-D, but it's good to hear a little good news once in a while.

No comments: