Lawrence Yun, NAR chief economist, said there is some volatility in the price performance. "Home prices are more volatile than normal because of sudden upswings in buyer activity in some localities, and also are affected by the prevalence of distressed sales," he said. "Home prices lag sales activity because the transactions were negotiated mostly in the previous quarter. Given the steadily dwindling supply of inventory and notably higher listing prices that are being negotiated today, prices are expected to show further improvements in the near future."
ZIP Codes: 75225, 75205 Location Characteristics: Estate area of our city with its own city government, and home of Southern Methodist University. Included within the Highland Park ISD which ranks within the top schools systems in the nation. Two wonderful shopping centers: Highland Park Village and Snider Plaza host great restaurants, clothing stores, and more.
About Greg Pape:
Service Above Self. I am a dedicated expert in neighborhoods that I serve. I identify market trends and put my expertise to work in serving you.
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