Mansfield, 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 earlier in the decade, they have not fallen much, Mansfield home sales were down slightly in January, but prices increased slightly. Projections for 2012 are for prices to increase 5.7%. January home sales increased 14% overall in North Texas, and the inventory of avaialble homes has declined by 23% in the past year, creating relative shortages in some neighborhoods.
The average price of a home sold in Mansfield was $197,500 in December, 20% higher than 2010.Typical selling prices are between $125,000 - 400,000, with an average of around $200,000, Interest rates remain at near historic lows of 4.0% for a 30 year loan, 3.25% or less for a 15 year term. Combining low rates and reduced selling 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 Code: 76063 Approximate Location Boundaries: Mansfield
Location Characteristics: One of Mansfield's most desirable features is the sense of community that exists there. The downtown area offers quaint shops, while new and planned retail centers are nearby.
Most of Mansfield offers newer homes, many less than 10 years old, with many new subdivisions under construction or planned for the future. Many homes are located around Walnut Creek Country Club and Mansfield National Golf Club, offering a very desirable quality of life for its residents.
The Mansfield ISD schools are generally considered to be the most desirable in the region, which attracts families looking for a nurtuting environment in which to raise their children.
In addition to good schools, Mansfield is easily accessible to major highways, shopping, lakes and recreation areas. Some of the entertainment venues in Mansfield or nearby include Six Flags Amusement Park, Big League Dreams Sports complex, Hawaiian Falls Waterpark, Joe Pool Lake, Texas Rangers baseball ballpark, and the new Dallas Cowboys Stadium in nearby 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.
