14 North Texas Houses Show How Most of the D-FW Real Estate Market Has Grown

The Dallas area's smoking hot housing market is breaking records every month.Home prices in the area are rising faster than at any period in memory. And North Texas' total home sales will top 100,000 in 2016 for the first time ever.Even the onset of higher interest rates might not be enough to put the brakes on Dallas' runaway housing market, industry analysts say."At least for the first six months of the year, I don't think things will slow down," said Dr. James Gaines, top economist with the Real Estate Center at Texas A&M University. "Normally, higher interest rates put a damper on things, but it may do the opposite because people think rates will be higher in six months and are making a move."There's still not enough inventory of homes for sale, and that will keep driving prices higher."  Continue reading...

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