Farmers Branch, TX, Homes are Selling in the Branch

Farmers Branch, TX homes for sale are being sold so fast it is amazing.  Just in the month of May already 24 homes have sold and another 14 homes pending a sale.  What's happened?  This small community with 27,750 residents has a median age of 37.  The median household income is $50,745. 

This could be pent up demand to sell because Farmers Branch, TX home sales slowed last September 2008 as did the rest of the Dallas/Fort Worth Metroplex.  Homes for sale in Farmers Branch, TX averaged over 100 days on the market.

The sudden surge in sales in Farmers Branch, TX could be because of the $8,000 first time home buyer tax credit.  Farmers Branch, TX is a great location for first-time home buyers.  The affordability of a home in Farmers Branch, TX is very reasonable. 

Sales could also be improving because of the lowest interest rates on home mortgages in nearly 40 years.  When interest rates hit 4.75% and it appeared that home prices were bottoming out, it was quickly seen to be a great time to buy a home.

What's the answer?  It's probably a combination of all of these things.  But, whatever has caused the sale of homes in Farmers Branch, TX to suddenly explode is a good thing.  Sellers want to sell and get moved, buyers want to move into a great community with good schools.  And, summertime is the time to move.

Visit my website http://benoitworld.com or just call me for an information package about Farmers Branch, TX.  Come for a visit.....stay for a lifetime!