LESS DEPRECIATION & the OLD FASHIONED WAY ………….
Folks will be looking for banks with quality. They will start putting their money in places
that are run THE OLD FASHIONED WAY. Some lenders have relatively clean balance sheets,
as opposed to those wrestling with hugh loan losses. Just look around!
Four Texas metros are least likely in the country to experience home-price depreciation
in the next 2 years (less than l%):
Fort Worth-Arlington - 0.89% volatility rate & 3.07 appreciation.
Dallas-Plano-Irving - 2nd with 0.93 volatility & 2.06 appreciation.
Houston-Sugar Land -Baytown - 1.74 volatility & 4.44 price appreciation.
San Antonio - 3.95 volatility & 4.02 price appreciation.
This was done by PMI Group, Inc. in Walnut Creek, California.
TEXAS IS THE PLACE TO BE, as opposed to late 80’s & early 90’s when the Southwest & TX
was hard hit with the oil drop in value.