Wednesday, June 29, 2016

Analysts reduce the risk of falling house prices D-FW

With property prices in the region Dallas continue to rise and create more jobs, analysts are less concerned about a restructuring of apartments in North Texas.

The estimated Dallas area to "low" risk to lower prices at home in a new study from Arco Mortgage Insurance Co.

At the end of 2015, based on the insurance company in California, Dallas, the risk of "moderate" softening of real estate prices in cuts in the oil and gas space.

But since property prices have continued to rise in the Dallas-Fort Worth and the pace of job creation has increased.

Houston is still a "high" risk of falling prices in the country, considered by the mortgage insurance Arco. And that Fort Worth is "moderate" risk.

that most of the country is expected sharp increase in the price of the house to see.

"Should increase Apart from some weakness in some states of energy, the prices due to the strong fundamentals in the coming years faster than inflation," Ralph G. DeFranco, Arch Capital Services economist, said in the report. "Fortunately, Texas is in the best physical condition of the main energy-producing countries due to a well-diversified economy.

"The growth sectors in the health professionals of Texas and care services more than the contraction in the energy and industrial sectors over."

North Dakota, Wyoming and West Virginia are at increased risk of reduced property prices, according to forecasts.

The median sales price houses in North Texas are at record levels. Prices have nearly 40 percent increase in the last five years in the D-FW area due to lack of resources and a strong buyer demand.

A recent report by Nationwide Insurance has raised to the growth of prices in the country because of red flags in the housing market D-FW - not because of reductions in the energy sector.

The ninth Market Dallas Plano-Irving "lower 10" housing with respect to the overall health, because it is too hot while running after a nationwide study.

1467231587-archchart.jpg

On twitter:
@SteveBrownDMN

No comments:

Post a Comment