North Dallas Bubble?

[James O'Leary]

How long will the boom in North Dallas suburbs (Plano, Frisco, McKinney) last? I don't think pri es will plummet however they will flatten out and drop off some. This appreciation can go on for that much longer.

6 month - a year? Or am I a pessimistic observer of the market.

[Rob Pasche]

I don't see north Texas as a bubble. People aren't buying up properties as a speculative investment. There are just not enough places to live for all the people moving out here. The demand is growing and the supply can't keep up. Any nationwide downturn will still affect north Texas, but it's effects will be muted somewhat. I wish prices would drop, but I don't see it happening any time soon.