Dallas Homes Center

In real estate there are many forms of contracts.  With all the new condo buildings I’ve noticed new listings on the MLS that are to be assigned.  For example, I mentioned two last week for The Ritz.  What is an assigned contract? This is one option if the original buyer wants to back out of [...]

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Two units popped up yesterday as new listings, but they had been sold.  These unique condo units at the Ritz Tower Two are back on the market.  They will be an assigned sale.  What’s that?  You might ask…Well, in condo talk that’s when the original contract went south, or fell through for whatever reason - [...]

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The Case-Schiller index came out last week and it shows the state
of the market compared to major U.S. cities. Take a look: Dallas only
shows a 3.2% decline in sales, one of the lowest decreases.
Be glad you’re not selling in CA, NV or FL. Chart is for single family,
not condos or townhomes.

Now, take a [...]

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It’s good to know where the real estate market is headed instead of
looking in the rear view mirror. So here’s some Park Cities trends
from last week by median price, inventory and average days on market.

WOW! Inventory is shooting way up, just in time for the spring
housing marathon. 38% increase in University Park (black [...]

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It takes a while for the MLS to report all figures for year end.
Not all transactions are entered by Dec. 31, so it takes longer to
to get figures that are more correct, for what it’s worth.
So without further adieu, here’s a recap of Park Cities real estate
for 2007. Just the highlights…
There was a 11.1% average [...]

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