I just got this confirmation from Sue Meyer, President of Coldwell Banker Residential Brokerage - Dallas/Ft. Worth.
You heard it here first.
Yes, housing on a national basis is going through an adjustment, but just remember – Real Estate is Local, and locally, 2007 was our market’s SECOND BEST YEAR ever. The North Texas MLS finished the year around $17.4 billion in sales, slightly south of our best year in 2006 when NTREIS reported $18.2 billion in sales in our area.