North Dallas/Richardson/Plano Real Estate

Today the Federal Housing finance Agency released their property on Dallas area housing prices. The report said that housing prices in the Dallas area were up by 0.08%. You could easily call that flat. Yesterday Standard & Poors/Case-Shiller report, the darlings of the press, came out and it said...

Sales continued be be soft in Plano. The Average Sales price was down by 13% and the Median Sales Price was off by 9%. Pending Sales were down by 29% which does not bode well for May. The number of New Listings and Active Listings declined helping to keep the number of Months of Inventory at a lo...

North Dallas north of Northwest Hwy. and South of LBJ. April saw sales continue to be weak and both the Average and Median Sales Prices declined. To compound the problem there was a huge increase in the number of Active Listings sending the Months of Inventory to 19 months. This is a very large o...

In my blog of yesterday I stated that foreclosures were not impacting values in Richardson. This morning I opened up the business section of the Dallas Morning News  to find the headline FORECLOSURE SALES DRAG PRICES DOWN. The first paragraph of the article said" An increase in foreclosure sales ...

Sales continue to be weak in Richardson. For the month of April there were 56 properties sold. This represents a 52% decline over last April's sales. The average sales price declined to $155,997, a 9% decrease, and the median sales price declined to $149,500, an 8% dropoff. The number of pending ...

Saturday is election day across the State of Texas for City Councils and School boards. In the City of Dallas there will also be several proposed changes to the City Charter. I know! These are only local elections. It's not the same as voting for President or Governor.  SO WHO CARES? Well you mig...

For the week of 4/27 through 5/3 the follow was reported through MLS: New Listings: 105 Average List Price: $326,452 Sales Pending: 20 Average Price: $232,524 Solds: 56 Average Sales Price: $240,536 Average Days on Market: 56

North Dallas covers a large area and for purposes of this report it is broken down into 2 areas. North Dallas north of Northwest Hwy. and South of LBJ. New Listings: 36 Average List Price: $1,185,772 This price is abnormally high due to the listing this week of 14 properties over $1,000,000. Pend...

For the week covering 4/27 through 5/3 the following statistics were reported by MLS. New Listings: 27 Average List Price: $236,620 Pending Sales: 5 Average Pending Price: 234,580 Solds: 17 Average Sales Price: 156,985 Average Days on Market: 62 There are currently 256 single family homes on the ...

  These are confusing times. You probably read in the newspaper or heard on the radio or TV that housing prices are down sharply.  You may have seen or heard at least 3 different reports about DFW housing prices and, in addition, you have probably heard about the huge number of foreclosures on th...