For the first time in nearly five years, homes sales in the Dallas area are rising! The Dallas Morning News reports that pre-owned home sales in 2011 were up in the majority of Dallas neighborhoods. And, home sales should continue to climb modestly in 2012.
We have seen this improving trend first hand here at Ebby Halliday. Company President Mary Frances Burleson is quoted in the article:
Our company had a better year in 2011 than we have had in several years.
Mary Frances attributes affordable mortgage rates as one reason for the improving housing market:
I m not saying it s 2006 again, but things are doing so much better than they were. I have never seen interest rates this low ever.
To see the full article and read more of what Mary Frances has to say, check out the front page of the Business section in today s Dallas Morning News. DMN subscribers can read the article online here.