Thursday, September 10, 2009

House Prices in Fort Worth. Good News.

The Fort Worth Business Press reported today that house prices are relatively stable in Fort Worth as compared with U.S. cities with populations of 600,000 and over. Fort Worth ranked 4th.

The top ten markets with the best expected performance in home price are:

  1. Baton Rouge, LA
  2. Buffalo-Niagara Falls, NY
  3. Dallas-Plano-Irving, TX
  4. Fort Worth-Arlington, TX
  5. Houston-Sugar Land-Baytown, TX
  6. Little Rock-North Little Rock-Conway, AR
  7. Omaha-Council Bluffs, NE-IA
  8. Pittsburgh, PA
  9. San Antonio, TX
  10. Syracuse, NY
The article does go on to say that the areas that saw the boom cycle are now most likely to be in the decline. Likewise, the markets such as ours, that did not experience a boom real estate cycle are more likely to have price stability. Fort Worth and the area has the added benefit of business growth and an increasing population.

See the Fort Worth Business Press for additional information.