Housing Crash Forgot Dallas

17 August 2008 - 11:00am

In this segment from NPR, a Dallas residential realtor talks about how his city -- where the average price has actually gone up about 2% over the last year -- has bucked the national downward housing trend.

"In the last of our three-part discussion with realtors across the country, Jeff Updike talks with Renee Montagne about the Dallas real estate market. The economy there has fended off the worst of the housing downturn. Updike says the number of home sales is down, but prices are up."

Source: NPR, August 15, 2008
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In short, we’ve seen the last of the cheap oil on which we’ve built our economy, our communities, and our daily lives.