Real Estate News and Advice
November 7, 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

Cody Farris
as of 10/13/2009:
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

Jo Pressly
as of 9/1/2009:
Sales are healthy, as are prices, under $500,000, but very slow activity over $1 million. Great time to buy, lots of motivated sellers. Large numbers of foreclosures are contributing to lower appraisals in some areas. . Call me if I can help with... MORE->
About Jo Pressly

Reported by

Ken Lampton
as of 8/15/2009:
Home defects are a lot like icebergs. Icebergs? You know what I mean—big lump of ice floating in the ocean. All you can see from the surface of the ocean is a small part of the lump, but there is much more ice hidden below the surface.... MORE->
About Ken Lampton

Reported by

Hillary Ulrich
as of 7/19/2009:
Since the media, family and friends are helpful, easy ways to get information about the market, most people seem to rely primarily on this. However, are you getting the complete story? The full picture? The media reports with extremes, dealing with... MORE->
About Hillary Ulrich


Average Current Market Rating: 1.5    (4 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2    (4 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: 5.03%
15 Year Fixed: 4.46%
1 Year Adj: 4.57%
(U.S. Weekly Averages)

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