Isolated reports, from around the country and even from Western Europe, are beginning to filter in which suggest that the worst of the housing market is behind us and that it has, in fact, begun the process of recovery. It is unlikely that the mainstream media will report good news, such as this, as it isn’t in their nature. While the nationwide housing market is certainly important, of significantly more import are conditions of the local housing market.
The below charts, compliments of Altos Research LLC, present data about the local – Plano Texas – housing market. As is easily noted, the market in Plano is substantially improving. The charts are updated regularly.