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Found 35 blog entries about Market Data.

Eblast

The Spring Selling Season is Here…

…and if the sales pace of January and February is any indication,
we are in for the hottest on record.

Home financing costs have moved higher in the last few months and are expected to continue to rise, but the increases so far haven't been enough to cool demand.

Strong buyer demand has also put upward pressure on home prices, which have increased significantly during the past five years. As a result, the wealth factor for most homeowners has also increased. If you would like an analysis of the equity you have in your home now, I'd love to help. You may be pleasantly surprised!

Just call, email or text me anytime. And please refer me to any of your friends or family members who need experienced guidance…

1,055 Views, 0 Comments

2018_02

The North Texas housing market started the year off strong
with the most home sales ever in the month of January.

Even in the face of increasing interest rates, we expect the demand for homes to stay as strong as the pace of job and population growth our state is experiencing. However, we expect the pace of home price increases to slow down. And, that’s not necessarily a negative as economists keep an eye on the dangers of over speculation in markets across the U.S.

Enclosed is a report showing activity in area communities during the first month of the year. But conditions and trends vary down to the block level in specific neighborhoods and in each price category. If you are thinking of selling your home, I would be happy to provide the most…

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Market Report

Our company celebrated a banner year in 2017 as North Texas existing home sales were the highest on record as they exceeded 106,000!

The enclosed report shows the sales activity that occurred in specific communities. We expect the strong sales pace to continue into 2018, but the inventory of available homes remains low. If you have been waiting to put your home on the market, now is a good time as buyer demand remains high.

If you have any questions about how the dynamics of today's market affect your specific real estate needs and goals, please consider me as your resource. Or, if you know anyone else who is thinking about buying or selling a home, I'd appreciate your referral to them. You can have confidence that I will provide exceptional…

1,089 Views, 0 Comments

November

It’s that special time of year when we pause to count the many blessings we enjoy as Americans. We are truly fortunate to live, work, worship and enjoy the fellowship of family, friends and neighbors in freedom.

As I count my own blessings, I also include the opportunity to help my clients achieve their real estate goals in a market that continues to be among the strongest in the country. Existing home sales are marching towards another record for 2017, and rising home equity combined with low interest rates are empowering buyers across all price points.

If you have been considering selling your home, the ability to find your next dream home is improving while demand for your own property remains as high as ever! Please contact me if you have…

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October

There's No Cool-Down When it Comes to Fall Home Sales!

In the "old days" of residential sales, we considered fall and winter to be the slowest seasons for home sales. But not anymore!

With thousands of people moving into North Texas every month, every season is home buying season with high buyer demand year-round. However, as you can see in the enclosed report, sales activity and prices vary from community to community.

If you would like information about a specific neighborhood or the price your home is most likely to sell for in today’s market, I can provide the most current data and trends. As a member of the Leading Real Estate Companies of the World®, I am also connected to the best real estate professionals in virtually every U.S. city…

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Real Estate Outlook

North Texas home sales are on track to exceed 100,000 in 2017!

Home sales in July once again exceeded the previous year by a double digit increase. However, for the first time in years, we had a significant increase in the supply of homes available.

At the end of July, 22,660 homes were listed for sale with REALTORS® in the more than two dozen North Texas counties. That's a 10 percent gain in home inventory in the last year and the most homes on the market in over five years. While the inventory is still under a six-month supply (which is considered a balanced market), there are more choices for the high volume of buyers who include employees being transferred into the D-FW region by relocating corporations such as State Farm and Toyota.

If…

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source: Dallas Business Journal

just sold sign with family 400

Dallas and Fort Worth rank as two of the top housing markets in the United States based on current and projected real estate fundamentals, according to Ten-X Research, an online Irvine, California-based firm that tracks the real estate market.

The two North Texas cities ranked as "hot," markets based on the strength of the single-family market based on current and future expectations, said Ten X Research CMO Rick Sharga.

"Dallas and Fort Worth are sitting in some high-performing real estate markets with some strong economic fundamentals," Sharga told the Dallas Business Journal."It shows these markets are getting away from that boom or bust cycle. They are extremely strong job markets and the affordability…

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May2017

More than 400 people are moving into the D/FW region daily!

That’s a statistic from the U.S. Census Bureau that supports the strength of the North Texas economy. Add the fact that on average, home values have increased over 40% since the Great Recession, and you’ve got one more reason to be confident in our housing market.

In fact, you might be pleasantly surprised at the return you have gained on your own home investment. Healthy home appreciation, buyer demand and rising sales prices have contributed to increased home equity for home owners throughout North Texas.

Simply put, home equity is the amount of money available when you take the price your home would sell for in the current market, and subtract the balance you owe on your mortgage.…

1,165 Views, 0 Comments