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Real Estate Outlook August 2015
Scorching Dallas-area home prices mean tough summer market for buyers
from Dallas Morning News
Homebuyers venturing into this summer’s hot housing market better hang on to their wallets.
The Dallas area leads the country in home price gains. Median home sales prices are more than 10 percent higher this summer than a year ago.
In some neighborhoods the price hikes this year are two to three times that rate.
Prices for preowned homes are up 30 percent in Oak Cliff, 29 percent in Fairview and 22 percent in North Dallas in the first six months of 2015.
And prices were up 15 percent or more in a dozen other Dallas-area neighborhoods, according to a midyear analysis of the North Texas home market based on data from the Real Estate Center at Texas A&M University.
“If I was in those neighborhoods,…
Real Estate Outlook July 2015
May Home Sales are Highest on Record. Ever!
Despite the weather and flooding, the North Texas housing market continued to be extremely active in May. It is predicted that our market will continue to be one of the busiest in the country due to our strong economy and population growth.
The key to achieving real estate goals is proving to be a good relationship with a Realtor who can help you navigate today's market. A professional who has local expertise and connections is the key to selling your property at the highest price and finding and securing your next dream home.
This report offers a snapshot of sales activity in various communities, but I would love to provide a customized market analysis for your home. I can also answer questions about options for your next home and the purchasing…