Dallas Homes Center

Current Real Estate Data for May 2008

To start Monday off - besides the new listings for Park Cities,

I’ve also updated the Monthly Indicator Reports on the left side bar.

They include all close in areas of Dallas and give a month to date

and year to date perspective in a one page download.

If you are selling or buying it is imperative you know the facts!

20 new properties this week, average $ per sq ft. is 343.

Homes under $1 million are showing good activity.

Above that you have a HUGE selection to pick from.

Happy House Hunting!

Are you picky?

Well, then this is your market, there are so many beautiful homes

for sale that you might have a hard time choosing one!

If you spent a lot of time in the Park Cities this week like I did,

then you realize the abundances of inventory and choices

available. You can get very picky…..of course, you are limited

on your lot size.

With over a 12 month supply of homes available in the Park Cities

seller’s have sharpened their pencils and prices are coming down more.

A bit more reluctant, though..

Has the bubble burst here too! Kind of - because of the inventory

levels. Where you used to love 1 house you will probably love 5.

That’s a good problem to have - choices.

So here’s the OPEN HOUSE LIST for University Park this week,

Highland Park Schools. 15 gorgeous homes that need a new owner.

It’s really fun to look - the inventory is at an all time high!

And you can be very very picky…

With the market being in a constant change of flux one of the

first questions we get is: What is the market doing, exactly?

If you want to know the latest condition of the real estate

market or activity of a particular zip code, there is a new tool

from Altos research that provides a one page look into the current

market, like the past week.

Yeah, that current…

Altos uses public data to get a handle on the weekly happenings

all over the country and in conjunction with other MLS data will

give you an accurate depiction of the real estate market. You can

sign up on the right side bar under “Live Market Stats” and instantly

receive an executive summary of any zip code listed. You can do by

property type - single family or condo.

Zip codes included are: 75205,75225,75230,75229,75287,75093,

75024 and 75025. Dallas and Plano.

And best of all no one will call you, if you have a question or need

more info -just contact however you wish, phone or email, text etc.

You can come back anytime to get the most current real estate

market activity report available.

And in case you’d like to know:

Data above is for Condos in 75219, Oak Lawn.

List this week is for 75209 and 75229,

Park Cities Vicinities and Bluffview area.

It’s been a while since these zips have been posted.

so here you go…

 Foreclosure List

I’ve spent all week in Preston Hollow and Park Cities
and have a lot to say about the market, check back
for some good honest feedback on home pricing and
inventory.

31 Brand new listings for you.

These were just listed in the last 7 days.

Zip Codes 75205 and 75225 vicinity.

All schools.

Just so you know, If you are in various stages of
gathering info:
Monday we post new listings,
Friday’s are for foreclosures and
Sunday is a list of all open houses in various Dallas
zip codes,  all within the inner loop, south of LBJ.

Today, will be another hot one - stay cool…