According to the PMI’s new home risk price study, shows that Dallas, Plano, Irving, Arlington, and Fort Worth homes have less than a 1% chance to drop in value within the next two years. For more info, please follow this link http://www.dallasnews.com/sharedcontent/dws/bus/stories/100208dnbuspmi.cd7bb689.html to the article on The Dallas Morning News website.
If this study turns out to be true many of today’s homeowner’s can look forward to a brighter future. Also, many buyer’s in the market should see this as another positive reason why now is the time to buy. With home prices being lower than average and foreclosures at all time highs, it would be a great opportunity for someone to purchase a home if there’s is a 1% chance that there home will decrease in value.
If you are looking to purchase a home please contact an Archwood Properties agent by phone at 214-505-9420 or by mail at info@archwoodproperties.com