Dallas Home Prices Continue to Rise

Dallas home prices have been on the move higher for sometime, and continue to rise.  Dallas is one of the hottest markets in the nation.

 

Today, CoreLogic reported home prices have risen from December 2015 to 2016 by 7.2%.  The Dallas market place has seen a rise of 6.6% according to the report.

Just over a week ago, Case-Shiller 20-city composite home price index measured home price increases of 5.6% year-over-year, November 2015 to November 2016.  Dallas is included in … Continue reading

Home Prices May Head Higher This Fall

home-fall-2016

Fall is here but home prices haven’t shown much sign of cooling off.

Home prices live in a supply & demand world.  And just a few days ago, the National Association of Realtors® Chief Economist, Lawrence Yun says there will be an expected seasonal decline in new listings in the coming fall and winter months, which could accelerate home prices. … Continue reading

Home Sales Climb in June to New High

The summer is sizzling and so is the housing market.  Sales of previously owned homes climbed to a new high in June as the momentum in the housing market has shifted into overdrive.

If you are thinking of selling your home, here’s a few good reasons to do so:

Home SalesSolid existing home sales were posted for June, up … Continue reading

Home Buying Season and Housing Demand Heats Up

The home buying season has begun and home buying is back in vogue.  Buyers are out in mass looking for their dream home, but they can’t find it!  The demand for housing has remained strong, nearly busting at the seams, but inventory levels have dropped below historic levels and below the level of a “normal” housing market.

Where does that lead?  Economics 101 clearly spells out that supply and demand drive prices, and in this case, home prices.

HOME SUPPLY Continue reading

Housing Market Recovery Pace Slows

The housing market recovery is attempting to rebound after the harsh winter and looks to have an uphill climb.  Home sales and prices continue to increase but at a slower pace than last year, home builders lack confidence, and outlooks are being adjusted.

Home sales increase but not as rapidly as last year

April Existing Home Sales increased slightly – by a meager 1.3%.  Currently the annual pace is at 4.65 million and near expectations.  When comparing to the same … Continue reading

Housing Market Continues to Thrive: Should You Sell?

Should you sell? Many sellers are still hesitant to put their homes up for sale – they have lots of questions running around in their head.  Maybe that’s you.

Questions like:
Where are home prices headed?
Where are interest rates headed?
Can I even qualify for a new mortgage?
With the shortage of inventory, will I be able to find a home?
Reports show home sales are down…what does that mean to the housing market … Continue reading

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