Texas home prices have been rising, and a new forecast shows momentum continuing over the next six months.
California-based housing and finance analyst Clear Capital is expecting home price increases in most major housing markets over the next six months.
Dallas-Fort Worth is projected to have a 1 percent increase in prices through March. Houston is expected to fare better with a 2.4 percent increase by the start of spring.
The highest price increases are projected for Seattle (10.8 percent), Phoenix (10.7 percent) and Las Vegas (9.5 percent), cities where values took a major hit during the recession. On the other hand, markets like Milwaukee, Raleigh, N.C., and Memphis are expected to lose about 2.1 percent in value during the next six months.
Source: Dallas Morning News