Dallas Texas Real Estate

Business is great! Aside from a national record on foreclosure rates which includes Texas, up 10.5% from Jan 2006, the local Dallas Real Estate Market is back on track. 1st quarter has shown excellent signs of an outstanding year in real estate sales to come. There is a noticeable increase in both buyer and seller activity in the DFW Metroplex. Some would say Dallas is currently in a Buyers Market which is largely in part due to a combination of low interest rates and a large pool of properties buyers are able to choose from. The new construction market is struggling some in various sub areas of dallas, but continue to experience record sales and move inventory. Many local buyers in the pre owned market have complained of problems with resale due largely in part to the incentives local builders are giving on new construction homes, especially homes in inventory. These instances are occurring mostly in the suburban areas of Dallas such as Grand Prairie, Frisco, McKinney, Allen, and other areas that are experiencing a tremendous amount of growth and population increase in the new construction market. Overall, Dallas is heading towards another record year in sales which comes as a great relief by local builders and real estate agents compared to the decline in 2006.

For More Info on the Dallas Housing Market,  visit: www.buyandselldallas.com/news.htm 

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