What’s on Dallas real estate investors’ minds? Lots!
Filed under: Dallas County, Dallas News, Real Estate, Texas News
April 17, 2009
By STEVE BROWN / The Dallas Morning News
The biggest homebuilding slowdown on record has left the Dallas-Fort Worth area with lots of empty lots.
How many? Enough to last more than five years, according to the latest estimates.
“Home starts have declined almost 67 percent while the lot supply has fallen only 2 percent,” said local housing analyst Ted Wilson.
For investors, those unwanted properties offer the potential for profit.
Dallas-area home prices fall nearly 5%
A few years ago, news of a 5 percent drop in Dallas home prices would have caused blood to run cold in the local real estate market.But in the current national housing market depression, Dallas’ price decline is being hailed as the best in the country.
Dallas had the smallest home price decline among 20 cities in the January Standard & Poor’s/Case-Shiller Home Price Index.

