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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