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re: The Wild DFW Housing Market--my experience

Posted on 3/27/17 at 10:46 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37320 posts
Posted on 3/27/17 at 10:46 am to
It's not all over. Our population as a country is not growing at some great pace, so for every person moving to TX, NC, GA, some other area is losing a resident.

You probably have people who are trying to buy before interest rates go back up to more normal levels, which fuels a seller's market, which fuels price increases.

But as long as people are moving to a market faster than new construction can keep up, you will have situations like you describe in DFW.
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 3/27/17 at 11:08 am to
I just bought a house in lehigh valley pa for 1/3 of what a similar place in nola cost us 2 years ago. Property taxes a alot higher but we have a better home now for a much lower mortgage payment.
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