I'm sure most of us have heard all the doom and gloom stories about the economy and home sales slowing down. Unfortunately all good things must come to and end, however in SW Dallas County it appears as if the party is still going strong.
According to Steve Brown, Real Estate editor of the Dallas morning news in a recent article:
"Sales prices of single-family homes rose 11 percent in DeSoto ... and Oak Cliff, according to data from the Real Estate Center at Texas A&M University and North Texas Real Estate Information Systems."
In addition:
"Prices were up 10 percent in Cedar Hill and southeast Dallas and 9 percent in Lancaster, southern Dallas..."
What does that mean for the buyer?
When you buy your home there is a greater chance that you'll walk into the transaction and already have some equity in your property as values continue to rise.
What does that mean for the seller?
When you're ready to sell your home you'll have more equity as home values continue to rise, and you'll potentially walk away from the closing table with a larger check!
So whats next?
It doesnt matter if you're looking to buy, sell, or invest. Contact me today so my team and I can get you in the best position to capitalize on this hot market in SW Dallas County!
