So...maybe we should add a picture of the Terminator saying I am back baby...but you get the point by looking at the numbers below. The real estate market is making a healthy come back mainly drive by low interest rates and dwindling inventory. If you were looking for the bottom of the real estate market here in the Collin, Denton and Dallas Counties well you missed the bus. You better pull the trigger now before interest rates increase as well as prices - as already documented.
The report shows a very solid increase in sales posting double digits % increases YTD, while prices remain soft in some areas, some market however have posted great gains. Real estate is still a very market driven industry and as such there is a huge disparity in micro markets across our Counties, for example while the AVG home sale price in Frisco gained 7% , Plano was down another 1%.
Collin, Cooke, Denton, Dallas and Johnson Counties Sales YTD - Single Family Residential
The above data was provided by NTREIS and is deemed realiable but not guaranteed.
JP Piccinini is the BROKER/OWNER for JP and Associates REALTORs, a real estate brokerage firm based in Frisco Texas where its REALTOR Associates always strive to Exceed Expectations. JP Piccinini specializes in residential real estate sales in Frisco, Plano, McKinney, Little Elm, Allen, Prosper and Celina. He can be reached at 469-999-HOME / 469-999-4663 or at JP@JPHOMESFORSALE.COM
Author:JP Piccinini Phone: 800-683-5651 Dated: August 13th 2012 Views: 2,977 About JP: JP Piccinini is an entrepreneur, philanthropist, proud dad and the Founder, Broker and Owner of JP a...