
If your concerned about your property values going down, don’t be!
The graph above shows median prices in Dallas and Plano since Dec.
Nice upward trend, yes..something positive.
The market has been tougher but Dallas has not had to deal with
the absurd price appreciation that CA, FL and Vegas have had.
Dallas has to put up with the sub prime and foreclosure mess just like
the rest of the nation and of course, the condo conundrum goes without
saying.
But, rest assure you probably won’t be facing negative equity - unless
you’re a speculator that got caught in the downturn.
I bet you think your property tax bill is too high and your going to
ask for an adjustment. That’s much better than negative equity.
Nice News. Homes are perceived as good value in Dallas and Plano.


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