Dallas TX Homes for Sale Smiles To Housing Appreciation while The Rest of the Country Lingers On

Dallas Fox 4 News reported that Dallas is seeing appreciating real estate housing prices at 2.43% this past October when compared to last October. Great news for Dallas residents and those who are considering relocation to the metropolitan.

I am often asked "How the real estate market is doing? The doom and gloom was really wearing me down", said many of my friends during casual conversations they have with me. "The news media are really discouraging me. With all the foreclosure rates they are discussing, it feels like the world is coming to an end".

Well, at least I have something different to report this time. I almost jumped out of bed when I heard this on Fox 4 News at 6:54am this morning. It's simply un-heard of - at least when the media talks about real estate, the word APPRECIATING and media do not seem to ever jive together. But yes, I heard it this morning. Loud and clear.

So, sellers of real estate - It is not doom & gloom out there. At least not in our Dallas skies.

Future buyers of real estate - When putting an offer, more than likely, we will need to consider the SOLD market reports these homes are in. More than likely, we won't be plucking a number off the hat, "feeling" that the housing prices will continue to slum. At least not in our Dallas skies.

According to First American CoreLogic who prepared the data ranked Dallas #3 in the largest price increases behind Austin #1 (5.26%) and Houston #2 (4.46%) among the top 30 large markets. This is definitely good news for us in the State of Texas - where everything is bigger and better - apparently it's rosier too!

Some worst declining markets around the country are:
Riverside-San Bernardino-Ontario, California at 28.8%
Oakland-Fremont-Hayward, California at 28.6%
Miami-Miami Beach, Florida at 27.3%
Las Vegas, Nevada at 26.6%
Los Angeles-Long Beach-Glendale, California at 26.4%

Source: First American CoreLogic.

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I proudly serve and sell real estate in the northern suburb cities of the Dallas metroplex. If you are thinking about purchasing or selling your home in neighborhoods of Frisco, Plano, Dallas, McKinney, Allen, Little Elm, Prosper, Celina, Richardson, Dallas M-Streets, Dallas White Rock Lake area and other surrounding areas and more importantly, want to work with a local area expert, contact me at your earliest convenience.

It is a competitive market, hence it is important that you choose to work with the realtor who knows these communities like none other. I employ a systematic market approach in selling your home - an intentionally unique proposal that most real estate agents do not use. If you care to be on your way to a successful closing, contact me immediately to see how different my proposition will be.

Contact:
Loreena Yeo
Realtor®/ Broker of 3:16 team REALTY
(214) 783-2210
loreena@loreenayeo.com

Copyright © 2008 by Loreena Yeo (3:16 team REALTY).  Dallas TX Real Estate Smiles To Housing Appreciation while The Rest of the Country Lingers On.

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