Dallas Homes Center

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Have You Missed the Market?

September 22nd, 2008 · No Comments

This post is for all the number crunchers out there. You might be thinking
when is the right time to jump back in the real estate market. Take a look
at some of our favorite zips: 75205,75225 and 75230. According to Altos
Research Charts that are “LIVE” - yes, you can bookmark anytime for a
current update,  the action index answers your question “How’s the Market?”
It’s real estate activity and 30 is a balanced market and below is more favorable
to the buyer which you can see has been that way for a while.   Looks like HP -
75205 hit bottom in July & trending down again.- UP - 75225 low was in Aug.
& is trending up, PH - 75230 low in June and heading south again.

Timing the Market

Median Price

Now take a look at the pricing, would you think Highland Park as having the
largest price decreases?  Probably so,  since this is the top price brackets.  Looks
like University Park and Preston Hollow are holding prices quite well.  All charts
are done on a 90 day rolling average.  If you’d like an executive summary
with more detail for these zips you can get an instant report just by requesting
on the right sidebar and you can opt out at any time.  You really can time the
market if you’re thinking about jumping back in.

Tags: Market Stats

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