Has it stabilized? One way to determine “How’s the market?” is to get a barring on demand. The above chart is broken down by price quartile. High end market is black and as you can see demand is weak, same for the orange line but better than black, but demand is picking up. The blue […]
Boy, If you were an agent and made your living in real estate, you would not believe what goes on in this industry. Oh! Buyer beware and then some…The only way you can detect fraud or unethical practices is to work in and study the market, know your numbers, it’s no surprise that first quarter […]
The March market was not kind to the whole metroplex, Dallas sales were down 20% from last year. However, you can’t go by general numbers, you need to really look at local activity by area to get a grasp of the current market. We’ll look at Area 11 which is North Dallas and Area 25 […]
You know there use to be a saying: “Home Pricing in the bubble is immune to the rest of the market, it just doesn’t happen here.” Well, that might have been true up to a couple years ago but that has all changed. What I mean by the “bubble” is the Park Cities and neighbor […]
Are you on the fence? Selling or Buying? I know from talking to many people they just can’t commit quite yet. And to be honest I really can’t blame them with all the negative info flying around these days. So, get a true picture of your local market from Altos with these 7 day stats […]
Looks like Frisco is heading down a bit, due to new home builders and foreclosures in the mix. Dallas has had quite a run up despite the market.
This is for all the analytic hounds and rightfully so in this market. Dallas has held better than most cities, because it never had the run up or crazy people trying to outbid each other although there are areas of concern and bubbles in Dallas, opening price point is not one of them. The 7 […]
Interesting Chart – showing signs of recovery….so if you don’t think prices have come down, look again.