News & Opinions
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Builder / June 30, 2014
Are the days of being able to purchase a new home in Dallas-Fort Worth under $200,000 soon to be gone?
At Hanley Wood’s Housing leadership summit last month I spoke about how the housing recovery has been led by the move-up price points. I also spoke about the supply constraints facing the Dallas-Fort Worth market and how it is rapidly driving up the price of lots and new homes. Builders and developers have appropriately focused their new developments in the move up price ranges. Starts are now back to the peak level of 2006 for homes priced over $300,000 and lot deliveries are exceeding the