Housing markets in counties in North Texas are expected to be less at risk during an economic downturn than hundreds of others in the U.S., according to a new...
Attom Data economist says affordability and unemployment levels in Dallas-Fort Worth are a concern but not enough to consider the area high-risk.
“The Federal Reserve has promised to be as aggressive as it needs to be in order to get inflation under control, even if its actions lead to a recession,” said Rick Sharga, executive vice president of market intelligence at Attom, in a statement. “Given how little progress has been made reducing inflation so far, the Fed’s actions seem more and more likely to drive the economy into a recession, and some housing markets are going to be more vulnerable than others if that happens.
Most of the factors measured by Attom compared favorably in D-FW with other large metropolitan areas, Sharga said in an email.
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