The number of new homes being built in the Dallas Fort Worth area has declined by over 33% since 2007. This is certainly a positive as new homes were slowing sales of existing structures. A combination of a slowing economy, and tighter lending practices has made it increasingly harder to sell existing homes.
The upside is certainly one for potential buyers. As homes remain on the market longer prices on existing listings begin to drop.
January 6th, 2009 at
Bite my shiny metal ass, assholes, you were joked!