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re: The Wild DFW Housing Market--my experience

Posted on 3/27/17 at 10:34 am to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 3/27/17 at 10:34 am to
quote:

I don't see how it's sustainable.


While I'm not ruling out a bubble. I don't think you'll see 2007 & 2008 again with this. A few things are different right now.

Since 2010, housing inventory has remained flat while over that time, with low rates and increasing wages, demand has crept up. You're also seeing this rapid demand as the workforce continues to become more mobile so people and companies are seeking out regions that are desirable from a wage/taxation standpoint and quality of life.

Massive influx of new residents, limited supply based on lagging construction, and competitive rates all get to this level of demand.

While y'all have mentioned a few locations...its still specific to a relatively small number of communities. Mostly in the south and mountain west: DFW, Nashville, Denver, RDU/Triangle, Atlanta, etc.
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