by Bob Edmonson | Aug 5, 2018 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
The economy is solidly advancing. The GDP will exceed 3% this year for the first time in 13 years. The unemployment rate is at the lowest level in 50 years. And wages are up 2.8% over the last 12 months. But, Dallas home sales fell 3% in June from year-ago levels,...
by Bob Edmonson | Jun 24, 2018 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
U.S. home sales are down 2% for the first five months of this year… but the Dallas area continues to outperform, with year-to-date sales up 4% over last years figures. In May, sales were up 9% over year ago. In fact, in May there were 11,303 homes sold in the...
by Bob Edmonson | May 26, 2018 | Blog, Dallas Real Estate Market Report, Featured, Featured Blog Posts
Dallas home sales rebounded in April, with an 11% increase over last year, besting the 4% increase in March and the 10% increase in February. Sales in the first four months of the year are 4% ahead, Pending sales in April were up 11%, pointing to a good May report...
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...