Dallas Homes Center

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Entries from December 2008

Real Estate Results Revealed in Park Cities and Preston Hollow

December 10th, 2008 · No Comments

No surprise, DFW sales were down 33% from a year ago. It has to do with the economy, lending and the time of year. Mostly lending money of jumbo loans has curtailed sales in the Park Cities and Preston Hollow. It will come back and so will the market. November real estate results for Park [...]

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Tags: Market Stats

Highland Park Home Price Declines and Days on Market – Where are we?

December 8th, 2008 · No Comments

In case you’re wondering how we’re looking against last year, Here’s a graph that shows median price in Highland Park, 75205 from a year ago – more than $200,000 in price reductions…could go lower but watch out for buying opportunities that already exist now and they do. More movement here than Preston Hollow. Days on [...]

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Tags: Luxury Homes

Best Foreclosure Buy in Preston Hollow

December 3rd, 2008 · 1 Comment

WOW! You can see the effects of Fannie Mae and Freddie Mac finally trickle down!  The government wants to sell houses more than lenders….(another post) Check out this Dallas foreclosure link and take a peek at 6532 Chevy Chase – there are some some unbelievable buyer incentives if you qualify.  This is very good news [...]

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Tags: Foreclosures

Inventory Issues in the Park Cities…Take a look!

December 1st, 2008 · No Comments

There are opportunities in every market and in Dallas it’s homes priced above $1 million – take a peek at the historical chart going 2 years back. Inventory in University Park has almost doubled from this time two years ago. Same with Highland Park – give or take a little.  Most of the units are [...]

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Tags: Buying Homes