Realty Times December 8, 2008

Market Conditions
by Realty Times Staff

Dallas expert Ken Lampton is reporting that "for home buyers who have the nerve to shop when others have gone to the sideline, the next few months present a rare opportunity to buy for less."

He notes that the credit conditions seen in much of the nation are in fact having an impact in Dallas. This is making a "normal season slowdown worse than usual."

Jo Pressly, however, notes that in the Golden Corridor area of Dallas -- North of the LBJ High Five, and South of the George Bush intersection -- homes in this area always suffer less of a downswing in value and in selling time. Many homes are being torn down and replaced with new construction due to size of lots.

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