The Texas Housing Rebound to Continue
The Texas housing rebound shows no sign of letting up, but the rapid rise in home prices could taper off, according to a new report by the Federal Reserve Bank of Dallas. “Stronger-than-average employment growth and consistent in-migration should continue boosting demand for homes,” business economist D’Ann Peterson said in the Dallas Fed’s Southwest Economy quarterly report.
Dallas Morning News, June 15, 2013
DFW Area Gains One Million Every 7 Years
The U.S. Census reports that the DFW Metro, now the 4th largest in the nation, is set to have a net gain of over one million people every seven years. This is expected to continue for the next 25 years.