South Arlington, like most of the Dallas - Fort Worth area, has experienced relatively stable home prices during challenging economic times. Since prices never surged during the housing boom, they have not fallen much, either. Home sales have increased 15.8% overall in Arlington during the first 3 months of 2012, compared to a year ago. The most significant statistic is that the supply of homes has dropped 34.4% since 2011. Prices are trending upward in most areas, too, about 3.4% higher than last year.Typical selling prices between $90,000 - $250,000, with an average of around $150,000, Interest rates have remained at historic lows at or below 4.0% for a 30 year loan, 3.25% or less for 15 year loans. Due to low interest rates and reduced prices, home affordability is at an all-time high. Visit www.HomesByPhil.com for the latest Mansfield and South Arlington TX listings and useful information for home buyers and sellers. You can also follow me on Twitter @PhilAmodeo
ZIP Codes: 76001, 76002, 76017, 76018 Approximate Location Boundaries: South of I-20
Location Characteristics: Most of South Arlington offers newer homes, less than 20 years old. A large part of this area, south of Sublett Road, feeds into the Mansfield ISD schools, which are generally considered to be the most desirable in the region.
In addition to good schools, South Arlington is easily accessible to major highways, shopping, lakes and recreation areas. Some of the entertainment venues include Six Flags Amusement Park, Texas Rangers ballpark, Joe Pool Lake, and the new Dallas Cowboys Stadium, all of which are in Arlington.
About Phil Amodeo:
Phil Amodeo’s real estate and business background spans more than 25 years of successful experience. A graduate of the Kelly School of Business at Indiana University, he earned his Real Estate Broker’s license in the late 1970’s. After working in the home building industry for several years, Phil entered the real estate profession in early 1980’s in the Chicago area.
Phil left the real estate industry to become the Executive Director of a large statewide construction association and also spent a couple of years in the banking/investment industry. Several years ago, he was recruited to become the Executive Vice President of the Montana Association of REALTORS®. Phil spent a few years in the Las Vegas real estate industry before relocating to North Texas.
The underlying common thread of Phil’s success can be summarized in one concept: building and maintaining relationships through excellent customer service and empathy for his clients. Phil will stand by you every step of the way, providing insightful advice and expertise combined with patience, integrity, and good humor.
Whether you’re moving around the corner or relocating cross-country, Phil will provide the level of service necessary to make your move as painless as possible. Call or email Phil today to learn about the innovative services he can provide to meet your real estate needs.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
