According to D'Ann Petersen, a business economist with the Dallas Fed, Dallas-Fort Worth is leading the country in population growth. "While this sounds pretty negative – the decline in sales and decline in building – if you look at national totals, Texas is still the No. 1 homebuilding state in the country despite all the pullback. And Dallas-Fort Worth is right up there.”
Petersen continues, “Our closings compared to other metropolitan areas are still quite high. That's our demographics and employment base that is keeping that base of home sales still at a pretty high level compared to other areas."
Dallas real estate agents are sure to take the opportunity of a glowing local review to heart by welcoming home buyers to peruse available listings.
Sunday, April 6, 2008
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