DFW Real Estate News

MSNBC ran a story today about the outlook for home values in certain cities for 2012. Of course, all this is speculation, but there’s little doubt that more foreclosures are on the horizon with the coming resets in pay-option and Prime mortgage ARMs. The accompanying slide show presentation profiled 10 major U.S. metro areas including Houston, but left out the Dallas area. Perhaps because there’s less of a story to tell here because we’ve come out of this very lucky by comparison. Notice that Houston values are projected to be nearly flat.