The North Texas housing market was mercifully spared the severe ravages of the real estate market bubble due to the fact that our prices were not overinflated in the first place and because our economy has fared better than the rest of the country. Take a look at the figures in the Standard & Poor’s/Case-Shiller Home Price Index showing Dallas’ envious position compared to 20 other markets in the US.

Denver -0.1%
Dallas -0.6%
San Diego -2.4%
San Francisco -2.6%
Boston -2.8%
Washington -2.8%
Cleveland -3.5%
Los Angeles -6.3%
Charlotte, NC -7.0%
New York -7.7%
Atlanta -8.1%
Minneapolis -8.4%
Portland, OR -9.9%
Chicago -10.1%
Seattle -12.4%
Miami -14.0%
Detroit -15.1%
Tampa, FL -15.2%
Phoenix -18.1%
Las Vegas -26.6%
Composite (20 Cities) -7.3%