Here is a small look at the latest housing market update that shows how Dallas and Texas are leading the housing recovery.
Nationally:
Existing Home Sales were up 7.8%
Dallas- Ft. Worth:
Home Sales were up 16% over same period last year.
AND
DFW area sales have been higher for 11 straight months.
There is currently a 5 month supply of homes for sale in the Metroplex
( for details on what that means read THIS POST about supply and home inventory).
In Dallas - Ft. Worth overall prices are up 9%.
Hottest areas:
Sales up 54% in Frisco
Sales up 41% in Allen
Sep 21, 2012
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5 comments:
One of the risks with real estate is that the value will not rise and might even decrease.
Tulum Real Estate For Sale
Real estate is very growing market in these days and most people earn money by investing in real estate.
Very true that sales in Dallas Fort-Worth are definitely up in recent months. I'm a local resident and make my living from doing window tinting in Fort Worth, and in my job I have come to understand the Fort Worth community very well. Definitely appears to be an increase in home sales and the real estate market.
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