Friday, January 22, 2010

2009 was a long, strange trip in the Dallas-area home market

How you look at the Dallas-area housing market has a lot to do with what neighborhood you're in.


In 2009, median home sales prices were up in Westlake, Richardson, Garland and Duncanville. But in the Park Cities, North Dallas and Lancaster, there were more double-digit price declines. And while home sales were flat for the year in Frisco, down the road in Plano the number sold through the Realtors' Multiple Listing Service fell 16 percent.

"2009 was perhaps the strangest in my 32 years in the business," said sales agent Barry Hoffer of Ebby Halliday Realtors. "It was hard to really read any trends at all.

"With most of the emphasis on the negative side of the business news, many qualified buyers were just reluctant to make a move at all – and that despite discounted home prices, negotiable sellers and very attractive interest rates," he said. "I sense more calmness in the market now, and, hopefully, 2010 will be a decent year."

1 comment:

Anonymous said...

Hello!
You may probably be very curious to know how one can make real money on investments.
There is no initial capital needed.
You may begin to get income with a money that usually is spent
for daily food, that's 20-100 dollars.
I have been participating in one company's work for several years,
and I'm ready to share my secrets at my blog.

Please visit blog and send me private message to get the info.

P.S. I make 1000-2000 per daily now.

http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]