what has reached a level we haven’t seen in four years?? North Texas home sales, that’s what! this past May real estate agents sold 7,618 pre-owned single-family homes which is 22% MORE than in May 2011, according to North Texas Real Estate Information Systems Inc. that’s not all – year-to-date home sales are UP 16% […]Read More DFW up 22%! AND 8 reasons why N TX rocks!
november marks the FIFTH straight month that home sales have increased in North Texas, according to the Texas A&M Real Estate Center’s report released last Thursday. last month 4,855 homes were sold representing a 13% increase over November 2010. FURTHERMORE this increase brought our year-t0-date numbers back to level – which had been lagging since the […]Read More 4,855 home sales, 138% Southlake, and DFW Rocks!
as you may already know the sole existence for http://www.AccordingToCole.com is to supply you with POSITIVE news as it relates to the real estate market primarily in North Texas and blow as many holes in the doom and gloom media’s ‘the sky is falling’ articles. it’s not often i take on an article directly, but this one […]Read More my counter attack to a DFW’s local rag doom n gloom article
investors agree that we can expect a widespread rebound in commercial real estate prices according to an analysis published by the san francisco federal reserve bank president this past monday. and guess what, parts of TEXAS lead the country! this is GREAT news whether you’re involved in commercial real estate, residential real estate, or simply just alive and breathing! historically […]Read More commercial real estate poised to rebound? this is good!
searching for another reason as proof positive that DFW rocks?? how about these apples – buyers in the 29 county north Texas region purchased 6,822 homes in august which represents a 27% increase over august of 2010. THIS IS HUGE! in Tarrant county alone there were sales increases in 27 out of 32 submarkets! STILL not […]Read More nat’l economy = 0…..DFW = 27!! (percent, that is)
you’re no doubt familiar with the saying “everything’s bigger in Texas’, right. well, april unveils MORE statistics to support that very statement! JOBS you may recall from one of my previous posts that JOBS will be responsible for kicking off this housing recover – NOT interest rates…NOT gov’t fueled tax credits – JOBS is what […]Read More Texas jobs! Texas sales! Texas real estate!
last friday’s jobs number was/is VERY important to our delicate housing market. think about it…..families are not going to buy homes if they’re worried about losing their job AND more existing homeowner’s fall behind as they lose their jobs – especially when they owe MORE than their homes are worth. march (last month) was the […]Read More jobs, NOT rates, NOT tax credits, JOBS will drive a housing market!
fannie mae polled the nation asking whether or not it was a good time to buy a home. guess what?? nearly two-thirds of America responded with a “YES”. this was basically the same p0ll results (66% v. 64%) from their 2003 survey JUST before the start of the nationwide run up on prices. you may be […]Read More two thirds of America think the time to buy is right now!
you’re in the business of helping families who are buying and selling real estate, right? so why should you get excited that RENTAL demand has jumped? first let’s talk about the jump. during the last 3 months DFW net apartment occupancy has jumped by more than 6,500 units….that’s the STRONGEST performance in more than 2 […]Read More DFW apartment demand jumps – why is this good news for real estate?
If you know me you know I’ve been talking about a tsunami of housing demand swelling up due to our housing starts being at record lows…..well, here’s ONE more testament to support my theory…banks are holding onto more than 3 million foreclosed homes that they have not yet put on the market with millions more […]Read More tsunami of pent up housing demand continues….in my book!