by Bob Edmonson | Apr 29, 2018 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
The first quarter ended with overall home sales in Dallas up 4% over year ago, still running in positive territory but at a slower pace than in recent times. Inventory remains tight, and interest rates are edging upwards. In March, sales were up 4% compared to...
by Bob Edmonson | Mar 14, 2018 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
So, interest rates have inched up and prices have continued their upward march. For many, property tax won’t now be fully deductible. Home sales could be expected to decline in this scenario…but that’s not the case. February sales were up 10% over...
by Bob Edmonson | Feb 18, 2018 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
North Texas home sales continued their 2017 upward trend, up 12% in January, with median sales prices up 5%. A total of 6,246 single family homes were sold in January, the most ever for this month. Condo sales totaled 414 units, up 10%, with the largest increase in...
by Bob Edmonson | Jan 30, 2018 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
It was a record year in North Texas in 2017, with 106,000+ single family homes sold, up 5% over the previous high in 2016. Median sales prices were up 9%. December alone produced a 12% increase in sales over the same month last year, with median prices up 8%. The...
by Bob Edmonson | Dec 31, 2017 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
More than 8600 preowned single family homes were sold in November in the greater Dallas area, more than a year ago (+14%) and more than in October. So far in 2017, almost 98,000 sold homes indicates last year’s record of 101,500 may be broken. We’ll know...
by Bob Edmonson | Nov 29, 2017 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
The October Surprise this year was the double-digit increase in Dallas area home sales vs year ago. The rate of growth in home sales had been drifting down since March and seemed mired in single digit growth. September sales were just 3% higher than last September. ...