North Texas Real Estate Forecast for 2016

Doesn't this sound horrible: "Dipping job growth will slow Dallas area real estate market"

On the surface, I would assume this is bad news... But is it REALLY? ... no, not even close.

This is actually the exact thing that I predicted in my Bubble or Blast Off post when I said this: 

"One thing to be aware of... news outlets will begin reporting on "slowed appreciation" and make it sound like we're crashing. When you hear the alarmist reports just keep in mind: slow appreciation is still appreciation."

So how is our economy?

In the Dallas Morning News, Steve Brown reported on the 2016 North Texas Real Estate Market Forecast delivered by Jim Gaines, the chief economist at the Real Estate Center (TAMU), at a recent Metrotex Association of Realtors meeting... Jim says all is well.

These two quotes sum up the entire forecast:

“We’re still going to grow next year,” he said, “but at a slower rate.”

“But the slowdown is from a record high to a little bit less,” he said. “Growth in Dallas-Fort Worth has accelerated enormously."