Thu, 12 Sep 2013, 4:03am PDT
Dallas? Price increases crazy there? This raises a serious red flag with me on the validity and accuracy of these news articles.
I own a property right in the city of Dallas, so obviously, I would occasionally check in on the perceived value and I assure you no one is adding 50k, 75k, 100k, or 150k onto the listing prices in my zip code as is happening here in California.
Garland, TX? A quick search on Redfin delivers 439 properties in that suburb alone, with a few exceptions the highest price house is $349k!
Everything is relative. Real Estate is local.