Food For Thought — Compare Yesterday’s Post With Dallas Article

Posted @ 4:27 pm - Filed under Cool Info, Real Estate Investing, Weekend Thoughts, San Diego Property Owners, Market Correction, Dallas

Steve Brown of the Dallas Morning News authored an interesting article last Thursday. A client, ‘Matt’, for whom another recent post was published here, gets credit for emailing me the article.

NOTE: If the link gets you to a seemingly wrong page, click on ‘close’ and it should work. If not, I’ll be more than happy to send you the article via email. Or, you can become a member of the newspaper at the cost of your email address.

I’ll let reader’s fill in the headline of their choice above.

The gist of Brown’s piece (no relation by the way) is the market times needed to sell homes for some of the big cities. Dallas sported the second fastest market time at 80 days, just three longer than Denver’s 77 days.

To me that wasn’t really the big news, though it was certainly somewhat encouraging, as it sustains what my own research seemed to indicate concerning Dallas.

The news was how two of the nation’s hardest hit markets, Phoenix and San Diego are now in the top five shortest market time regions. At least for one month — but we’ll take what we can get at this point, right?

This seems to underscore what I wrote yesterday. Again, nothing huge — but what you might call another brick in the wall.

Time will tell.

Meanwhile, are you gonna be among the hoards or the scouts sneaking in under the radar?

This entry was posted on Sunday, January 13th, 2008 at 4:27 pm and is filed under Cool Info, Real Estate Investing, Weekend Thoughts, San Diego Property Owners, Market Correction, Dallas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.