DFW rocks! North Texas home sales increased for the 3rd consecutive month in september with 5,515 homes sold. that’s 14% MORE than this time last year. what else?? let’s look at this trend…earlier this year home sales were down 15% from 2010; at the end of august the gap narrowed to only 4%; and by september North Texas sales narrowed the gap further at only 3% down from 2010.
the number of sales isn’t the ONLY thing that’s up either – according to the Texas A&M Real Estate Center our region’s median home price was up 2% to $147,020 (WELL within the housing affordability index, i might add!). this is GREAT news guys!
rates are low, families are downsizing, upsizing, relocating, empty nesting, etc, etc,….people NEED to buy and sell homes….it’s that simple.