Dallas Homes Center

I usually post Open Houses for the weekend but since it’s Easter
there just aren’t that many. So, here’s a chart to consider if you’re
thinking of buying or investing in Dallas real estate.

Dallas hasn’t experienced the price appreciation of other cities
but we do have our share of sub prime disasters. The townhome
and condo market is very over speculated and ripe for picking
up a new home. Months supply is 8.2 in this property type
compared to 5.3 month in single family, which depending who
you talk to is a balanced market.

Take a look at the price ranges below:

Blue is single family and green is condo townhome, you can see the
over supply starting at $150K and staggering inventories of 23.2
months over $500K. If you want a condo - downtown, uptown, in
town or Oak Lawn location keep an eye out for builder, investor
speculators and sub prime deals that could be a great value for
getting in now. And if you’re a seasoned investor you know the
time is right!  You can be picky.