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PRICES ARE GOING UP IN DALLAS and other markets!

By Amanda Evans

Real Estate Broker/Owner with DFW Living TREC# 0553912

November 02, 2007 08:15 AM

Accrording to that National Association of Realtors (NAR) home prices in some major markets are on the rise!

Here are the changes in the August price level from a year earlier for single-family homes.

5 Cities Where Prices Rose

Seattle: 5.7
Charlotte: 5.6
Portland: 2.8
Atlanta: 0.8
Dallas: 0.5

Source: S&P Case/Shiller home price index

Affordable luxury has always been available in the Dallas-Fort Worth market coupled with stable job growth. CNN/Money predicted in September that Dallas is one of the TOP 10 markets for appreciation and growth over the next two years. NOW IS A GOOD TIME TO BUY IN Dallas-Fort Worth Metroplex market!

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Jackie Peraza

Perceptions AdverStaging(TM), LLC - Framingham, MA

Home Stager - Framingham, Massachusetts

Amanda - About time we heard some really good news on the real estate front! You can get a whole lot of house in Dallas!

Jackie

Nov 02, 2007 08:49 AM

Amanda Evans

DFW Living - Fort Worth, TX

Real Estate Broker - Fort Worth Texas

Hi Jackie--People do get more bang for their buck in Texas no doubt about it. You can spend less than $200K and get 2500+ square feet of upgraded quality plus a pool in a good area.

According to the report, many major markets are still struggling, but I was surprised to see that some of the declines weren't as bad as I thought. For example, Boston was down by less than 4%. Tampa ranks the highest in the declines at just over 10%.

Nov 02, 2007 09:01 AM

Sherri Elliott

INTEGRITY TEAM - eXp Realty, LLC - Flower Mound, TX

Amanda,

Great post! We do have a great market right now. i know a lot of people are down! We are actually doing well! Let me know if you have any referrals this way! I listed 2 homes in your area! One in Halton City 85,000 and one In Fort Worth. I will get you the info. I need contracts soon!

Nov 02, 2007 03:08 PM

Charlottesville Solutions

Charlottesville Solutions - Charlottesville, VA

Amanda, up is up and I am happy for you and your area. I hope we start seeing more areas swinging to the upside!

Nov 03, 2007 12:15 AM

Amanda Evans

DFW Living - Fort Worth, TX

Real Estate Broker - Fort Worth Texas

Sherri--I called in to the showing service this morning and had to hold for about 10 minutes. That hasn't happened in a while. Media rantings aside, that's the first good sign of all to me. I have shifted quite a bit of attention to the short sale market recently as I think that's where the action is going to be for a while. Did you see Melissa Grants blog on water vs wine? I thought of you when I read it! LOL! Send me the info on your listings and if you don't want to tackle buyers in the 817, just hollar. We'll take them on referral and get them done. I might have a listing coming up in Frisco and I won't be working those buyers so I'll be sending them your way.

Hi Charles--you're right! Up is Up! We're still bombarded around here with foreclosures and I expect that it will continue to increase over the next year but it is what it is and for now, we'll take the good news wherever we can get it.

Nov 03, 2007 02:31 AM