TEXAS HIGH in 2014 HOME PRICE APPRECIATION

Texas was 2 of 5 states that had the highest home price appreciation between December 2013 and December 2014.  After decelerating for most of the year, home price growth rate holds firm at 5-6% growth in past 4 months, according to Sam Khater, deputy chief economist at CoreLogic.  Pockets of weakness in Baltimore & D. C.  Three of the 4 states with the highest price appreciation are energy intensive and have benefited from the energy boom which is currently receding as oil prices trend downward.  These states – Texas, Colorado and North Dakota – may see some downward pressure on prices in 2015, BUT WE WILL SEE, WON’T WE!!