Dallas-area home prices are up 9.5 percent in the latest report from CoreLogic. Dallas had the highest year-over-year price increase in a November comparison of large U.S. metropolitan markets.
Nationwide, home prices were 6.3 percent higher than in November 2014. CoreLogic is forecasting a 5.4 percent nationwide home price gain for 2016.
Determining your home’s market value is a job for a properly educated real estate professional. If you’re considering offering your home for sale, we recommend contacting an Ebby sales associate to determine the current value of your property. To get started, visit the website voted one of the industry’s best by the Web Marketing Association, ebby.com.
The Dallas area had the largest year-over-year home price rise in the country in October – up 9.1 percent from the year before, according to a just-released report from CoreLogic Inc. Nationwide, prices were up 6.8 percent from October 2014.
Determining your home’s market value is a job for a properly educated real estate professional. If you’re considering offering your home for sale, contact an Ebby agent to determine the current value of your property. To get started, visit the website voted one of the industry’s best by the Web Marketing Association, ebby.com.
Strategic pricing is the key to selling your home at an attractive price in an acceptable amount of time. While many brokers will gladly list your home, the reality is if it is not properly priced your home may sit on the market month after month and actually help sell competing properties.
At Ebby Halliday, our Associates take pricing your property very seriously. Your Ebby Associate will utilize Multiple Listing Service data to create a Competitive Market Analysis that estimates a market-value range for your home based on the recent action of buyers and sellers in your neighborhood. A few of the factors your Ebby Associate will consider when estimating your property’s market value:
*Successfully sold homes – Lists the selling price of recently purchased homes comparable to yours.
*Competitive properties for sale – Since they are not yet sold, the market value is undetermined, but they are important, as buyers most likely will view and compare these properties with yours.
*Pending sales – Though they have not yet closed, homes under contract are a good indicator of value in the current market.
* Failed to sell – The listed price of these homes suggests what potential buyers will not pay.
If you’re curious about what your home is worth in North Texas’ fast-paced housing market, visit the award-winning ebby.com, where you’ll find just the right real estate professional for your needs.