Home prices in DFW rose by a modest 1.6% in the third quarter of 2010 compared to the third quarter of 2009, according to a report released by the National Association of Realtors. The increase in median price was most likely a result of increased home sales in the higher priced markets which have shown [...]
D/FW Home Sales Down 30% in October 2010 Compared to October 2009
The Dallas Morning News reported that sales of single-family homes in the D/FW area dropped a whopping 30% in October of 2010 compared to October of 2009. October was the fifth straight decline in monthly sales in 2010 compared to 2009. A summary of other statistics noted in the article: The median sales price of [...]
Dallas Preowned Home Sales Sink 22% in September 2010
Sales of pre-existing homes in the Dallas Fort Worth area dropped by 22% in September of 2010 compared to September of 2009. This decline shows just how much home sales have declined since the homebuyer tax credit was ended in June. Although the deadline for the tax credit was extended to September 30, only buyers [...]