What’s on Dallas real estate investors’ minds? Lots!
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.
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