A report that says Dallas homes are overvalued couldn’t have come at a better time.
The study by a top Wall Street analyst was released just as local residents are getting their annual property tax appraisals. The tax appraisal on my house is up more than 25 percent. Yikes. So you won’t get any argument from me that Dallas home values are rising way too fast.
Believe it or not, home prices are jumping in North Texas for the “right” reason.
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