Now Everyone Knows Why We Live Here
So, Dallas-Fort Worth added 162,250 residents between July 2006 and July 2007 -- which comes out to about 445 newcomers every day -- making the area the nation's tops when it comes to population growth. And what accounts for the growth? Simple, says the Associated Press' account:
Home prices continue to be a big factor. A report earlier this month by Global Insight found that housing prices in the Dallas area were undervalued by as much as 30 percent. Ann Sekesan, a pharmacy technician, moved her family from Pennsylvania to suburban Fort Worth last June after seeing spacious homes in Texas for under $200,000 on a television show.
"After we saw that on TV, my husband and I looked at each other and said, 'Have you ever been to Texas?" Sekesan said. "It's amazing the size of a home you can get down here. It's just incredible."
In other words, "Live Large. Think Big." For pennies on the dollar. --Robert Wilonsky