Hexter-Fair’s monthly look at the NTREIS dollar volume of sales in August 2011. As expected, sales in the North Texas MLS system were much better than August 2010 (up 27% in volume and up 3% in average price, for a total dollar volume increase of just over 30%). Granted, beating last August’s sales was a pretty easy task due to the 6/30/10 tax credit expiration and subsequent doldrums in the second half of 2010. But even if the year-over-year improvement has to be taken with a grain of salt, the actual sales volume itself CERTAINLY IS something to get excited about. As the chart shows, August’s sales broke out from the typical shape of the sales curve. And as of 8/31/11, pending sales remained significantly higher, up 17% versus pending sales on 8/31/10. So there is hope for continued improvement.
"Clearly we still have our challenges in the North Texas housing industry. But please make sure that your clients know that there are rays of hope for a turnaround. We are very blessed to live and work in a relatively stable market, and I think our clients need to recognize that there are elements of good news out there along with those challenges we are facing.”
...........................
Looking for a new home for your family can be overwhelming and Janus Real Estate Group understands that. Janus Real Estate Group is a boutique firm working and operating in Allen Texas. We are the experts when it comes to finding great deals on homes for sale in Allen Texas and we know the city like no other agency here. Whether you are looking for homes under 250K or over 500K up to 1 Million plus Janus Real Estate Group is well diversed to handle your real estate needs.
The Janus Real Estate Group is also the technology leader among agency's in North Texas understanding how to leverage the Internet mobile media and social media for your gain as a buyer or seller.
Click here to contact Janus Real Estate Group today to discuss your real estate needs with a friendly knowledgeable agent or call us today at (972) 765.3773.
Comments(2)