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Updated about 11 years ago on . Most recent reply

User Stats

92
Posts
26
Votes
Jessica G.
  • Investor
26
Votes |
92
Posts

"Dallas-area homebuyers to scramble this spring" DMN reports

Jessica G.
  • Investor
Posted

This is so weird. Exactly three years ago, we almost couldn't GIVE our starter home away, which is what led us to become landlords. We just literally couldn't afford to bring a check that big to closing. I thought it would take another 10 years for that house to be worth what we paid for it in 2006. Is this another bubble, or just a very vigorous correction? I do know Dallas wasn't hit nearly as hard as some other parts of the country by the recession, but watching our biggest asset bottom out sure hurt.

http://www.dallasnews.com/business/columnists/steve-brown/20140130-dallas-area-homebuyers-to-scramble-this-spring.ece

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