Dallas Homes Center

This listing popped up last weekend on the MLS as a foreclosure - it’s been on the market for 8 days as such. Before then it was on the market for 721 days to be exact.  Started at $5,500,000 down to $3,895,000 now as a foreclosure the price has gone up again to $4,500,000.  This [...]

[Read more →]

more detail on 2484 Greymoore Drive click here.

[Read more →]

Now that we’re almost half way through the year…  Can you believe it?  I’m very happy we’re almost through this market and don’t have it to look forward too.  Amen.  Here’s a few graphs to show you the state of the market.   Alas, not too good but improving as I write this, credit market seems [...]

[Read more →]

If you’re a first time buyer in this market, especially in the price range under $300K you might wonder why there are multiple offers on homes you like. That goes for foreclosure properties too.  One reason is the inventory levels in Dallas are low and over 32% down from 2 years ago.  Take a look [...]

[Read more →]

The May numbers are in and guess what? They are better than April.  This report covers Highland Park and University Park only.  May ended with:

488 active listings
15 pending ( waiting to close )
27 sold ( 22 last month ) it’s better but not great…

For single family homes the least expensive is $385,000 in University Park [...]

[Read more →]