Jan 14, 2009

Moving To Dallas

Well, not everyone, but certainly a whole lot of people are moving to Texas; and Dallas in particular. I'd like to welcome all newcomers to Dallas. Click above for a brief article with some stats. In-migration is in again.

Now, if everyone (namely the would-be home purchasers of the world) would just relax and accept the facts. First, Texas isn't going to suffer the bursting real estate bubble like much of the rest of the country. Second, real estate prices here are cheap. Third, and one to keep your eye on, there is virtually no inventory of new homes here.

Sure, you can wait six months to buy, but when there's only a three month supply of new homes around Dallas, waiting likely means settling.

Read the full article from DallasDirt.