"In a lot of places in Dallas, home prices are still going up by doubleAnd,
digits. "In other neighborhoods, they are actually falling. But across the board, the gainers outweigh the losers,"
But then this isn't news to me.
"The mortgage shakeout is affecting other parts of the country a lot more than it is Texas. We didn't have anywhere near the level or magnitude of subprime loans that other markets did. But that doesn't mean that Dallas-Fort Worth homeowners aren't going to be hammered with a steady diet of bad news about the U.S. housing market. Those negative reports weigh on consumer psychology."