by Bob Edmonson | Sep 16, 2020 | Featured Blog Posts
The Dallas home sales success of the summer continues, with August sales posting an 11% increase, following a 25% increase in July and 16% in June. Median sales prices were up 9%, just as in July This surge in demand is due to incredibly low mortgage rates and a...
by Bob Edmonson | Aug 10, 2020 | Featured Blog Posts
HOME SALES UP 25% IN DALLAS IN JULY! This is not fake news. Following an amazing 16% rise in home sales in June vs year ago, we even topped that achievement in July. Nationally, sales of previously owned homes were also up 25%, representing the strongest monthly gain...
by Bob Edmonson | Jul 10, 2020 | Featured Blog Posts
What a rebound! Dallas area sales jumped16% in June versus last year, as pent-up demand and incredible mortgage interest rates took charge of the market. With precautions agains virus spread being honored by Realtors and their customers, buyers were busy with...
by Bob Edmonson | Jun 27, 2020 | Featured Blog Posts
As anticipated, Dallas area home sales in May got hammered. For the 22-county area, sales were down 25% and the median price of home sold was down 1%, our first dip into negative territory in quite a while. For the first five months of the year, sales were down 6%...
by Bob Edmonson | May 31, 2020 | Blog, Featured Blog Posts
Dallas home sales in April did not surprise, unless you were anticipating a worse outcome. Single family home sales were down 17% overall vs year ago. Thanks to the strong first quarter, we were still 1% ahead of last year to date. And interestingly, the...
by Bob Edmonson | Apr 19, 2020 | Dallas Real Estate Market Report, Featured Blog Posts
March sales of single family homes in the 22 county North Texas area I refer to as Dallas in these blog posts were 4% higher than a year ago. For the first quarter, sales year-to-date were 9% higher than in the first quarter of 2019. The impact of Covid-19 was just...