Good News if you are Looking for Dallas Foreclosure Homes for Sale

By: Joseph Smith


While the rest of the country is facing the ups and downs of the real estate market, Dallas foreclosure homes for sale are less plentiful and prices aren’t going down any time soon.

Texas has been fortunate in many ways during the last 34 months of the real estate crisis. Now Dallas has been named the nation’s most stable market in a study conducted in early 2008. According to the study, homes in Dallas have not only failed to decrease in price in recent months but also did not jump so dramatically in price when times were good. That stability has also decreased the number of Dallas foreclosure homes for sale. While prices shot up around 53% in the rest of the country, home prices rose by 17% in Dallas.

Besides the more reasonable home prices, another good reason why Dallas foreclosure homes for sale are in short supply is the increasing job supply. While jobs are disappearing all over the United States, Dallas is seeing job growth of about 90,000 new positions a year. In fact, the city is in the top ten in terms of job growth in the country. That means fewer people in the city have been facing an economic crisis and that has directly led to fewer foreclosures.

Plus, Dallas foreclosure homes for sale are often snapped up quickly thanks to the reasonable prices and the desirable location. Of course, Dallas is a great place to call home so there are plenty of great reasons to head there.

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Joseph Smith has been educating buyers on the finer points of Dallas Foreclosure Homes purchase at Foreclosure-Support.com for over four years. Click here to visit and read more advice on finding Foreclosure Homes for Sale.

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