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December 5, 2009


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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Arlington in Mid-Cities, Texas

Reported by Phil Amodeo, ABR, e-PRO

Updated October 14, 2009.

Current Market Rating: 3




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2
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5
Buyer's

Seller's

Current Price Trend: 4




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Falling

Rising

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. Since early in the year, home sales have increased significantly and there is recent evidence that prices are starting to edge up. One emerging trend is the shrinking inventory of avaialble homes on the market, down significantly compared to 2008. With an average home selling price around $125,000 in September and interest rates hovering around 5%, the affordability of homes 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.

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.

For More Information:

View Market Conditions of other areas served by Phil Amodeo

Navigate: Top > Texas > Mid-Cities > Arlington

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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