Job and population growth in conjunction with continuing strong home sales are still evident in the residential housing market for the Dallas-Fort Worth area. This is great news for all the consumers that chose to stay put during the spectacular summer sales spree that we had seen. Rates are still low and the opportunity to buy and sell properties is still extremely feasible. Though the new home supply is smaller than the pre-owned home inventory, we have to keep in mind that many DFW home builders are jaded from the recession and were cautious in their construction pursuits. Have no fear because according to reports from the National Association of Home Builders/First American Leading Markets Index (LMI), 52 of the 350 nationwide metropolitan areas have returned or exceeded their pre-recessionary levels of activity with Texas listed as one of the top performing areas! One such example was featured by RECON: Crescent Communities is creating a new master planned development in Denton called Timberlake which will have 1,000 homes priced from $200,000 - $400,00.

Here is an article from Dallas Morning News highlighting the continued recovery:

http://www.dallasnews.com/business/area-home-sales/20131009-dallas-fort-worth-new-home-supply-at-20-year-low1.ece