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November 29, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for University Park in Park Cities, Texas

Reported by Greg Pape, Broker-Associate

Updated November 28, 2009.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




1
2
3
4
5
Falling

Rising

The Dallas market has higher exposure
to subprime loans than the average
market A large local increase occurred compared
to a year ago Compared to the nationional average,
today's local rate is low
Foreclosure + REO Rate rate is low compared to the
national average. The rate of job loss is decelerating
Over the last 12 months, local
employment has fallen sharply and will
create a drag on demand. The economy of Texas has weakened,
but has been more resilient than most of
the nation


ZIP Codes: 75225, 75205

Location Characteristics: Estate area of our city with its own city government, and home of Southern Methodist University. Two wonderful shopping centers: Highland Park Village and Snider Plaza host great restaurants, clothing stores, and more.

For More Information:

View Market Conditions of other areas served by Greg Pape

Navigate: Top > Texas > Park Cities > University Park

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.


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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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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