Analysts Hoping the North Texas Real Estate Market has Hit Bottom

Dallas, Texas, is making headlines right and left these days – both for its booming housing market and for the potential problems many analysts somewhat contrarily insist that the city’s housing boom represents.

Devon Thorsby is the Real Estate editor at U.S. News & World Report, where she writes consumer-focused articles about the homebuying and selling process, home improvement, tenant rights and the state of the housing market. She has appeared in media interviews across the U.S. including National Public Radio, WTOP (Washington, D.C.) and KOH (Reno.

Those areas were hard hit by subprime mortgage defaults and have yet to recover, said housing analyst Ted Wilson of Residential Strategies Inc. "As a result of the higher foreclosure rates, pressure.

Of course North Texas is home to the best real estate markets in the U.S. North Texas is home to the best real estate markets in the U.S.

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The dallas metro area has become a popular place to invest in buy and hold real estate. This is especially true for investors looking to purchase cash flowing property in a rapidly growing market, while prices are still low, and watching their equity grow.

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After several years of ever-increasing sales, there are signs that North Texas’ million-dollar home market has hit a ceiling. Sales of high-priced Dallas-area homes have shot up in recent years, rising at a much greater rate than the overall housing market.

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The Hottest Dallas Housing Market Ever.. The last time Tracy and Mike Voegtle were in the Dallas real estate market, things were pretty easy. They bought a house in Lake Highlands in 1999, and.

(See list of all 13 at bottom. hit hard by the housing downturn. The midyear data show not only that the rehab wave has reached into places like West Englewood and Roseland that in previous years.