North Texas home prices at 1990s levels - Dallas Business Journal:

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According to the study, the growtuh of housing prices nationwide has been stilter byjob losses, fallingg home prices, tighter credit guidelines and first-time home buyers who are lookingy for a more diversd pool of home options that contrast from propertiese built by the baby-boom generation. “With the echo baby boom drivinbg demand for starter homes and apartments and the baby boom powerinb demand for homes suited forolderr Americans, the design professionals will be called upon to deplouy new technologies and designs to meet aesthetic tastes and functional needs of a new, more diversed younger generation on one hand and a generatiob in need of home modifications to help them age more safelh and healthfully in place on the other,” said Mohsen dean of the .
The echo which the housing study identifie as adults who are 25to 44, are expectef to keep housing demancd strong for the next 10 years with the group enterintg their peak buying years with roughly 5 million more member than the baby boomers had when they enterefd the housing market in the 1970s, the studu said. .