August Sales Activity Report for Dallas/ Ft. Worth Area

Reblogger David Krichmar
Mortgage and Lending with www.DaveYourMortgageGuy.com - Legend Lending NMLS #293883

This is important information to know when buying a home in Dallas or Fort Worth.  Give Marie a call today if you are thinking of buying or selling your home in the Dallas Area.  www.DaveYourMortgageGuy.com

Original content by Marie Walton 0183467

Sales were down by 17% in the area for August compared to August 0f 2009. The average sales price was up by 4% and the median sales price was up by 2%. These increases are a statical anomaly caused by increased sales in the upper price ranges.

The real problem for the market continues to be declining pending sales which were down by 21% and the over supply of homes currently on the market.

Over the next several days I will report on the activity in Far North Dallas, Richardson and Plano.

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Topic:
ActiveRain Community
Location:
Texas Dallas County Dallas
Tags:
selling
buying
dallas
texas
sales
prices
activity
worth
county
fort
mortgage

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