Market Results for April--Dallas Market is a Survivor

from the Dallas Business Journal:

Dallas home prices are down 5 percent when comparing April home price levels to the levels experienced during the same month of 2008, but the city’s home prices have suffered the least in the nation when compared with other U.S. cities, according to data provided in the latest Standard & Poor’s S&P/Case-Shiller Home Price Indices.
Dallas home prices are down 9.6 percent in April 2009 from peak levels reached in June 2007. But the city has suffered the least when considering home prices in cities like Phoenix are down 54.1 percent.
From March to April, Dallas home price levels lifted 1.7 percent, following an overall trend of residential real estate price declines slowing in April. (end)

FRIENDS--rates are still low AND home prices are low. Inflation is on the way, and rates are going to increase. Every family's situation is unique, but it's time to hop down off of the fence and start looking if you're thinking of a move to a new home in the near term.