Wednesday, April 16, 2014

Real estate sales are UP in Dallas

Of course you expect me to say Dallas is a great market...I'm a real estate. But I have a good source to back me up...KERA, the local public radio station.

According to this article, Dallas is the number one market in the US right now. 14% of homes sold in the first 72 hours. That's GREAT for sellers, but makes it really competitive for buyers. Due to the moderate price of homes and population growth, homes are going quickly.

CCAR (Collin County Association of REALTOR®) also release their monthly Pulse numbers, which discusses stats of the Collin County market for February. A healthy seller's market has a 6 month supply of house...right now, the supply is 1.6 months.

So if you have been thinking about selling, now is the time for sure. Just have plans on where you're going to live cause your house is going to sell fast!

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