Aug 15, 2009

Signs of a Bull Market in North Dallas

If housing inquiries, showings and offers are any indication - the bulls are running (or at least taking a stroll) in Preston Hollow. After a quiet June and July, August looks to be picking up.

In the past week, it seems like properties under $1 million have become even hotter. The phones are ringing, showings are on the rise and investors who have been sitting on the fence are making offers. I recently put 4 properties into escrow.

The combination of large home inventory, attractive prices and a rise in buyer confidence = a small uptick in the real estate market. A late rise in sales is certainly better than none.

[where: 75230]

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