Dallas Real Estate- Appreciation of 5%

With the latest statistics coming out, it looks as though the North Texas area has actually seen some apprciation instead of just being "flat" as most people would say it's been. Compared to the same period of 2005, the first half of 2006 showed 5% appreciation!

Housing bubble? What bubble? No one can get rich in Dallas with only 5% appreciation. Would we like higher appreciation? Of course!! But, I don't think it'll happen any time soon until we can see average salaries increase. If houses increase but salaries remain the same, who can afford those houses as they go up and up?

Here's the full article on www.Dallasnews.com: