Real Estate News and Advice
July 12, 2009
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.


Market Conditions Summary for Dallas, Texas


Reported by

Jo Pressly
as of 6/20/2009:
Sales are healthy, as are prices, under $1 million, but very slow activity over $1 million. Great time to buy, lots of motivated sellers. Foreclosures posted are not helping our sales. Call me if I can help.... MORE->
About Jo Pressly

Reported by

Ramona Martin
as of 6/8/2009:
It is a Buyer's Market but a well priced home truly ready to move into changes the dynamic and puts the Seller in control. A Seller who has obtained a pre-listing inspection and made repairs thus removing the unknowns can control his... MORE->

Reported by

Cody Farris
as of 5/9/2009:
Averages sales prices for the past 12 months, and the number of properties sold during the past 12 months, are both down from the prior year; however, we see an increase in showing activity and purchases, and some developers are again starting to... MORE->

Reported by

Ken Lampton
as of 4/12/2009:
Within the last week I've had two buyer clients who wrote lowball bids on very lovely homes in the Lakewood and Lake Highlands areas. In both cases they were in no hurry to submit their bids. In both cases they bid substantially below list price.... MORE->
About Ken Lampton

Reported by

Nora Ling Lane
as of 2/23/2009:
2008 was not a great year for real estate except in Texas. We were not hard hit like the rest of the nation. Prices were only down 3% compared with 20 and 30% in other parts of the nation. It's a great time to buy and feel confident about your... MORE->
About Nora Ling Lane
Watch one of my Television commercials.

Reported by

Blake Eltis
as of 2/5/2009:
As a real estate professional, I'm continually asked how I think the real estate market in Dallas is doing. My answer is...our market is doing okay. We are definitely a lot better off than many other areas of the country. As you may know, our market... MORE->
About Blake Eltis
Watch one of my Television commercials.


Average Current Market Rating: 1.8    (6 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.2    (6 ratings)




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Falling

Rising

Navigate: Top > Texas > Dallas
Highland Park - Lake Highlands - Lakewood - M Streets - Munger Place - North Dallas - Park Cities - Preston Hollow - Oaklawn - University Park - Uptown


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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: 5.32%
15 Year Fixed: 4.69%
1 Year Adj: 4.82%
(U.S. Weekly Averages)

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