Tuesday, October 14, 2008

Study: Dallas-Fort Worth has lowest risk of home price declines

October 1, 2008

By STEVE BROWN / The Dallas Morning News

The Dallas-Fort Worth area came off best in the latest forecast of future home values.

North Texas metro areas were ranked as the least likely in the country to experience a sustained home-price decline in mortgage insurance giant PMI Group's newest report.

The D-FW area has less than a 1 percent chance of having lower home prices in two years, according to PMI Group's risk study.

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