Dallas and Denver are now the two American cities where home prices has reached and surpassed the levels in the 2006-2007 boom. And price increases are expected to continue into 2014. Most Americans (55%) think home prices will go up over the next 12 months, according to a new Bankrate.com report. "It seems like Americans' love affair with real estate has returned," said Greg McBride, CFA, Bankrate.com's senior financial analyst. There is concern on the part of some prospective home buyers that prices may be running away from them, said McBride. "The housing market is aiding the economic recovery," he said.
- Dallas Morning News, September 25, 2013 (excerpts)