Great Time For Dallas Fort Worth Homeowners To Sell

Great Time For Dallas Fort Worth Homeowners To Sell

We all read articles about how it's the best time to buy, the best to sell, etc.  Which to believe?...well...I can tell you from experience that most of them are pretty accurate.  I have a number of buyers looking for that special house--but a limited number of houses available.  Looking to sell your house soon?  Now may be the time!  I can definitely assist you with this process.  www.michelleforemanrealtor.com or michelleforemanrealtor@gmail.com


This may be the best time ever for Dallas homeowners to sell

house for sale sold sign

Looking to sell? Be ready by May.


Thinking about putting your house on the market? You'd better move quick, because we are approaching the absolute best time to sell a house in Dallas-Fort Worth. And you can expect it to sell for more than ever before.


According to the latest Zillow Real Estate Market Report, Dallas homes have seen a 13.7 percent appreciation since February of last year, to reach a record median home value of $180,700. The only market that bests Big D in appreciation is Denver, at 14.5 percent.


Even though our home values have soared, Dallas is still a relatively affordable place to live: The national median home value is $184,600 — which, by the way, is only 5.9 percent below the record median home value set in mid-2007. Homes are worth more than ever before in 26 percent of U.S. housing markets, indicating we are close to a full recovery, say Zillow experts.


But all of this local growth — and our rising population — means real estate transactions are getting more and more competitive. 


So any Dallas homeowners looking to sell should be ready to list by May 1, as Zillow has found that homes that hit the market between then and May 15 tend to sell, on average, 11.5 days faster. Not only that, but spring buyers are typically willing to pay an extra $2,000 for their dream home.


But once your house is under contract, what does that mean for finding your next abode? There are 14.5 percent fewer homes for sale this year compared to last year in the Dallas-Fort Worth market. Be prepared to move fast if you find a home you like, and expect bidding wars.


In other words: You can sell now and bank, but finding a new place could prove difficult.


Info taken from http://dallas.culturemap.com/news/real-estate/03-28-16-market-report-home-values-appreciation-zillow/


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Phone: 504-339-9219
Dated: March 29th 2016
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About Joshua: Joshua Putman grew up around the world and is now calling Texas home. Serving in the military for mo...

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