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I am surprised, they are building again in my neighborhood at the same rate they were 2 years ago. Does this mean that Dallas (which wasn't hit bad at all) is coming out of the downturn? If so, then other areas have got to start to turn around as well.
I know my home did not loose value, but it did not go up as originally expected either. It did go up in value as the neighborhood started being more developed and especially after they put the school in 6 blocks away. Basically the county appraised value last year reached just 4k above what I paid for the house 1 year earlier (originally appraised as a non completed house and was lower).
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Why do they call it "Common Sense" when it is so rare?
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