North Texas Market Sizzles this Summer


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While it’s been warm (well, actually quite hot) in North Texas, summer “officially” begins tomorrow. With sales prices up and not a large number of homes for sale, this summer offers homeowners ideal conditions to sell a home in Dallas-Fort Worth. Competition among buyers is heated and multiple offers are common.

 

Just how hot is the North Texas housing market? Consider this:

 

* The average days a home is on the market is only 47 days.

 

*  The median sales price is up 3.4%.

 

*  The number of homes sold is up 2.7%.

 

If you’re considering listing your home, this summer offers a great opportunity. To get started, discover just the right agent for your residential real estate needs at the award-winning, mobile-friendly ebby.com.

Summer Market Sizzles in North Texas


Summer Market Sizzles in North Texas

 

While it’s been warm (well, actually quite hot) for a while in North Texas, summer “officially” started this past week. With sales prices up and not a large number of homes for sale, this summer offers homeowners ideal conditions to sell a home in Dallas-Fort Worth. Competition among buyers is heated and multiple offers are common.

 

Just how hot is the North Texas housing market? Consider this:

 

* The average days a home is on the market is only 39 days.

 

*  The median sales price is up 4.3%.

 

If you’re considering listing your home, this summer offers a great opportunity. To get started, discover just the right agent for your residential real estate needs at the award-winning, mobile-friendly ebby.com.

Dallas-area Home Price Gains No. 4 Nationwide


Dallas-area Home Price Gains No. 4 Nationwide

 

The Dallas region’s home price gains continue to rank among the hottest in the country, posting an 8.3 percent increase year-over-year in the new Standard & Poor’s/Case-Shiller 20-market comparison. Dallas trailed only Portland, Seattle and Denver in the latest index of rising home values.

 

Nationally, the 20 largest metropolitan cities saw home prices rise 5.1 percent from last year. Dallas was one of 14 cities to post year-over-year gains higher than the national average. Portland and Seattle recorded double-digit increases in July from a year earlier — 12.4 percent and 11.2 percent, respectively.

 

Dallas home prices have been rising between 8 percent and 10 percent annually for more than a year in the Case-Shiller survey. Local prices are at record levels in the widely watched index and are up more than 25 percent from 2007.

 

To determine the value of your North Texas home in today’s competitive market, connect with an Ebby Halliday Realtor. It’s easy. Get started at the award-winning ebby.com.

Home Sales Up Again


 

After a modest decline nationwide in August, existing-home sales bounced back in September to their highest annual pace of the year, according to a just-released report from the National Association of Realtors. All major regions of the country except the Midwest experienced gains.

 

Single-family home sales rose 2 percent in September over August, but are 1.9 percent below the pace a year ago. Nationwide, the median single-family home price was $210,300, up 5.9 percent from September 2013. In Dallas-Fort Worth, that number was $185,000, up 9.3 percent.

 

Discover what’s for sale in Dallas-Fort Worth in your price range  at the award-winning ebby.com.

 

 

D-FW Home-Price Gains Peak, Slow


 

Prices of pre-owned homes in the Dallas area hit another peak in July, but annual increases continued to slow, according to the just-released Standard & Poor’s/Case-Shiller Home Price Index. Dallas home prices increased 7.4 percent year over year — the lowest rate of advance in approximately a year.

 

The Dallas price index hit a new high for the sixth-straight month and is nearly 12 percent ahead of June 2007, just before the worldwide economic collapse. Denver was the only other U.S. city to set a new high in the much-anticipated report.

 

Interested in what your North Texas property is worth in today’s market? Pricing a home is a job for experts. To find just the right agent for your real estate needs, visit the award-winning ebby.com.

 

 

Dallas-Area Home Prices Up 10.4%


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Dallas-area home prices are up 10.4 percent over April 2013, according to a report released today from CoreLogic Inc. Dallas was one of eight major U.S. cities with double-digit percentage price gains.

 

Nationwide, home prices are up 10.5 percent in April 2014 compared to April 2013. That’s now 26 months of consecutive year-over-year increases in home prices nationally. No states posted depreciation in April 2014.

 

Texas, Colorado, Louisiana, Nebraska, Oklahoma, North Dakota, South Dakota, and Wyoming all surpassed their previous home price peaks. In all, 23 states and the District of Columbia are at or within 10 percent of their peak home price appreciation.

 

To learn what your North Texas home is worth in the current real estate market, contact an Ebby Halliday Associate today. To get started, visit the award-winning ebby.com.

Dallas-Area Home Prices Hit Record High


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Dallas-area home prices hit a record high in the latest Standard & Poor’s/Case-Shiller Home Price Index.

 

According to the report released today, local home prices were up 10 percent in March from a year earlier. March marks the fourth-consecutive month that Dallas-area home prices increased at a double-digit rate from the previous year. Prices were up 1.2 percent over February.

 

Nationwide, prices were up 10.3 percent from 2013.

 

“All cities were higher than a year ago and all but New York were higher in March than in February,” said S&P’s David Blitzer. “However, only Denver and Dallas have set new post-crisis highs and they experienced relatively lower peak levels than other cities.”

 

Dallas-area home prices are now 6 percent higher than they were at the previous peak of the market back in 2007. Nationwide, prices are still almost 20 percent below where they were before the recession.

 

To find out what your home is worth in today’s fast-moving market, contact an Ebby Associate today. To get started, visit the award-winning ebby.com.

 

‘The Property Perspective’ Premieres


Post Property Perspective

 

We’re excited to announce the launch of “The Property Perspective,” Ebby Halliday Realtors’ brand-new feature each Friday morning on CBS 11! The 60-second spots will introduce D-FW residents to the wide variety of homes available across the Metroplex, including some of the most exceptional properties to hit the market in recent days. “The Property Perspective” airs at 6:50 a.m. Fridays, starting April 25.

 

“From urban to suburban, large to small, homes featured on ‘The Property Perspective’ come in all shapes, sizes and styles,” says Mary Frances Burleson, president and CEO of the Ebby Halliday Companies. “The common denominator is each offers a great buying opportunity.”

 

In addition to showcasing D-FW-area homes for sale, “The Property Perspective” will provide timely, relevant updates on what’s happening in the local housing market. Topics covered include, but are not limited to, sales-price trends, average days on market, and current mortgage interest rates.

 

To view “The Property Perspective” by Ebby Halliday Realtors, tune in to CBS 11 each Friday morning at 6:50 a.m. You’ll be glad you did!