by Bob Edmonson | Dec 17, 2021 | Featured Blog Posts
November home sales in our greater Dallas area were slightly ahead of last year, up 4%, while the median sales price held steady, up 18% vs year ago. With the average days on market continuing to run less than 30 days, it’s a sign that we are not yet releasing...
by Bob Edmonson | Dec 4, 2021 | Featured Blog Posts
Dallas area home sales in September and October were lower than year ago levels, marked by a severe shortage of inventory in lower price points. November data will be available next week, and we’ll likely see lower sales due to the same issue. With the median...
by Bob Edmonson | Sep 16, 2021 | Featured Blog Posts
“August 2021 dollar volume of North Texas existing home resales had its 4th highest month in history with transaction volume of $4.72 billion. August 2021’s dollar volume was up 13% when compared to August 2020 (5% fewer transactions but 19% higher average sales...
by Bob Edmonson | Aug 20, 2021 | Featured Blog Posts
Demand for homes remained exceptionally strong in the Dallas area in July, with that demand encompassing all forms of housing–single family homes, townhomes, condos, and rental homes. The important metic here was not the sales numbers, which showed a...
by Bob Edmonson | Jul 18, 2021 | Featured Blog Posts
Overall Dallas June sales were DOWN 3%, after three months of 20%+ year-over-year sales gains, which smashed a few records along the way. But you and I knew that was coming, because 1) those kind of sales gains are unsustainable, and 2) we are comparing this June to...
by Bob Edmonson | Jun 12, 2021 | Featured Blog Posts
May homes sales are in, and it’s close to a carbon copy of last month’s spectacular performance. Overall Dallas sales were up 27% with a median sales price 26% higher than a year ago. Homes are selling so quickly, it gives the appearance of a low...
