by Bob Edmonson | Jul 21, 2019 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
Is everyone on vacation? Welcome to the middle of July, which has been gaining a reputation to rival that of January–not in climate but in sales performance. You might recall that July of 2018 marked the turn in the seven year Seller’s market. The double...
by Bob Edmonson | May 31, 2019 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
Here we are at the last day of May, with the annual Spring Market in full swing. The data below addresses highlights from March and April, with May data due from the Texas A&M Real Estate Center in less than 10 days. The Spring Market was late developing this...
by Bob Edmonson | Mar 9, 2019 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
Dallas home sales in February inched ahead of last year’s total, up 1%. While it doesn’t look significant, it broke our recent skid, -9% in December and -10% in January, and provided a measure of optimism for the Spring Market, where we are headed now....
by Bob Edmonson | Feb 20, 2019 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
Dallas area home sales are off to a lackluster start, picking up where they left off last year. January sales were down 10% vs year ago, following a 9% year-over-year drop in December. While it is historically the slowest time of the year, we can’t blame it...
by Bob Edmonson | Feb 3, 2019 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
The year end numbers are in, and Dallas area average sales prices finished the year up 4.8% and median sales prices up 5.0%. While we had our second best sales year in history, with over 104,000 homes sold in the 22 county area, the total was down 1% from 2017, the...
by Bob Edmonson | Dec 23, 2018 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
I hope your holiday season is in full gear surrounded by family and friends! As I write this summary of fall home sales activity, we have entered a more balanced market, one that is no longer a hyper seller’s market. This is due to natural market forces that...