2011 hopes for the Dallas-Fort Worth housing market rest on jobs. Not only are the quantity of jobs important, but the quality of the jobs are of heavy importance. Permanent high quality jobs with a substantial income will mean more money to go into the local economy and housing market. If employers only higher low wage, temporary workers then the importance of those added jobs is minimal and the economy will continue to be sluggish.
With intereste rates starting to rise it is expected that those who have been holding out to buy due to decreasing interest rates will begin purchasing those homes. We may have bottomed out and 2011 is beginning to look like the year we start to recover and move forward in the right direction.
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