Dallas Metroplex Named Least-Risky Mortgage Market

According to a new report from First American Core Logic, the Fort Worth-Arlington Market was #1 for the lowest Mortgage Risk in the country. Not to be outdone, Dallas-Irving was ranked #2.

First American’s Core Mortgage Risk Index is a commentary on the relative risk of Mortgage Delinquencies due to fraud propensity and collateral risk, home price dynamics, and the health of local market economies. Based on these factors, they determined that Dallas real estate market and the Metroplex overall was one of the least risky places for mortgages, which means several things. If you are a client considering a move to the Dallas area, the chances of you being in house that will lose value are slim, if not non-existent. Economic indicators here are strong-there are many large companies located here, and many more are buying land to move here. These factors will help keep the economy strong here.
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