NEW REPORT SHOWS SMALL INCREASE IN TEXAS HOME PRICES. 

The report by First American CoreLogic indicated that Texas home prices were up by just less than 2%, while not huge, as compared to the National home prices that fell by 11.6% for the same period, Texas is doing very well.  Only 9 other states had numbers on the positive side of the board!

The latest report says that home prices in the Dallas area/DFW Metroplex (including Frisco, Little Elm & other Collin County Homes & Denton County homes) were up 1.54% from the same period in 2008.

Among the country's 35 largest metropolitan markets, 10 markets show depreciation of more than 20 percent.  The Biggest Declines were: Riverside-San Bernardino-Ontario Calif. -29.2%, Miami-MiamiBeach-Kendall Fla. -28.79%, Las Vegas-Paradise Nev. -28.41% and Oakland-Fremont-Hayward Calif. -27.73%.

The First American CoreLogic LoanPerformance HPI incorporates more than 30 years worth of repeat sales transactions, representing more than 45 million observations sourced from First American CoreLogic's industry-leading property information database.

Real Estate is Great in Texas! 

Source:  http://www.facorelogic.com/

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Tina