Quick Search

Get Local – Real Estate Trends by Bubble Zip Codes

You might be curious just how prices have been effected the last two years in the bubble zip codes.  Not the bubble bursting real estate market as in Florida, California, Nevada and Arizona but as in the bubble zip codes, namely and fondly – 75205, 75225 and 75230 – Park Cities and around plus Preston Hollow.   Biggest hit would be Highland Park 1.7M to 1.36M, respectively, that’s a 20% cut – Ouch! University Park has fared much better  – only a 4.1% decline.  And Preston Hollow’s median price down around 6.25%.  The real estate downturn in Dallas is because of jumbo financing not being readily available, buyers are around you just need to be creative to make a deal work.  It is so true the bigger they are the harder they fall, some at least.

About Terry W. Smith

Passionate about real estate, positive problem solver, specialty boutique real estate brokerage that does things your way! A full-time Broker & REALTOR®, helping people buy and sell homes in the Dallas - Plano area. Whether you're a buyer just starting out or someone with luxury properties to sell. I have extensive knowledge and experience to help you with your real estate transaction. I am a native Dallasite & know stuff, ask me...

Speak Your Mind