You wouldn't know it based on what the local media reports but local prices are UP compared to last year. The Office of Federal Housing Enterprise Oversight is reporting that Dallas/Fort Worth prices in the first quarter were up versus the same time last year (up 3.76% in Dallas and 2.59% in Fort Worth). This contrasts with a 3.1% nationwide price decline over the same period.
The local newspaper and TV stations always report national numbers but real estate in local. You can't quote numbers for the entire nation and apply it to Dallas.
Dallas' economy is solid and our area is still adding jobs. This is helping our area maintain our prices. DFW is a great place to be. If you are interested in buying or selling in the metroplex, call me today at 214-532-3823.
Linda Box Taylor -- Your Plano, TX Realtor Plano, TX More about me
Virginia Cook, Realtors
Office Phone: (972) 769-9400
Cell Phone: (214) 532-3823
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I write about living and working as a Realtor in Plano, TX and the surrounding cities of Frisco, Allen, McKinney, Richardson, Murphy, Dallas and Little Elm. I hope this blog helps educate buyers and sellers in the metroplex. And I enjoy writing about other things that interests me including community events, neighborhood updates and more!