Saturday, March 14, 2009
Dallas Ranks #5 in Healthiest Housing Market
Here is what Builder Online had to say about its 5th healthiest market: "In a year when permits declined 35 percent nationally, Dallas only experienced a 9 percent fall-off. With a population of 4.3 million, Dallas was the third largest home building market last year, as measured in permits pulled. Employers in Dallas, a popular place for corporate relocation and expansion, added 42,000 jobs last year, a growth rate of 2 percent. Existing-home prices have held steady, falling a paltry 3.4 percent in the last year. Interestingly, the face of residential construction has changed dramatically in Dallas in recent years; 58 percent of the activity last year was in multifamily, compared to a five-year average of 23 percent. "
So, what does this mean for you? It means that this is great time to buy a Townhome in Asbury Circle. Texas has the 5 Healthiest Markets according to Builder Online! Don't miss out on your opportunity to be a part of a growing area while prices and interest rates are at historic lows!
For more information on this story and much more please visit http://www.builderonline.com/.
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