DID YOUR HOME GAIN IN VALUE OR FALL IN VALUE?

It gained in value in absolute dollars, but fell in value in relation to other markets, according to the Real Estate Center at Texas A&M. Texas was up 6.3%, but the national average was up 14.7%. Dallas was only up 4.9%. The Center heralds this as good news (we’re not in a bubble). Doesn’t sound so good to me. It sounds to me like we lag the nation in return on investment. There are some bubbles I would be proud to be in.

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