Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas > Fort Worth
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 10-27-2008, 10:05 AM
 
37,315 posts, read 59,854,747 times
Reputation: 25341

Advertisements

get an email from a realtor who works the southlake bentonville flower mound area
this is part of what he has about current housing in DFW

The latest statistics released by the North Texas Real Estate Information System (NTREIS) indicate some positive news for the real estate market in Dallas, Fort Worth and the surrounding areas.

Single-family home sales rose by two percent from September 2007 to September 2008, up to 6,392 last month. Sales volume of single-family properties also rose by once percent to $1.23 billion, while the average price indicated no percentage change at $193,156.

The relative price stability is positive news, particularly compared to the home price crashes in other markets across the country.

The number of listings currently for sale has additional good news for the local area. With 41,604 single-family homes currently for sale, supply represents a 15 percent decrease over the number of homes available for sale during September 2007. That tightening of supply is particularly good timing, as an overabundance of supply, without a surge in demand, could cause softening of property values. Conversely, the tightening of supply is likely to aid in the preservation, and growth, of property values.


Of course this covers a wide swathe of north TX and individual neighborhoods can definitely vary but the fact that the inventory has shrunk from a year ago inspite of a softning economy is good news but again that is relative to the specific local market...
he also said that foreclosures in TX are down a little over 17% from last year--and that is good news as well
hopefully they won't creep up
Reply With Quote Quick reply to this message

Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > Fort Worth

All times are GMT -6. The time now is 12:03 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top