Posted November 28, 2012 by Rogers Healy

12 Straight Months of Increasing Home Values

National home values rose by 1.1% in October from September, the largest monthly gain in seven years, according to a recent report released by Zillow.

All of the 30 largest metro areas that were tracked posted gains in October from September except for Chicago.  This is the first time housing markets have recorded 12 straight monthly gains in the Zillow survey since the housing sector's long slide began in 2006.

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Posted May 14, 2012 by Rogers Healy

Home Prices Rise in Half of U.S.

Prices for single-family homes climbed in half of U.S. cities in the first quarter as real estate markets stabilized.

The median sales price increased from a year ago in 74 of 146 metropolitan areas measured, the National Association of Realtors said in a report today.  In the fourth quarter, only 29 areas had gains.

There are broad shortages of homes in much of the country.  This is good news for sellers who wish to list now, or for those waiting for prices to improve.

 

If you're thinking about listing your home, now is a great time!

 

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Posted May 9, 2012 by Rogers Healy

Texas is Leading state for commercial real estate development

Texas ranked number one in the nation in the development and construction of office, retail and industrial space in 2011, according to a report issued by NAIOP Research Foundation.

After Texas, New York ranked second, West Virginia third, and California fourth.

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Posted April 20, 2012 by Rogers Healy

Best year for local housing market since before recession

This year is turning out to be the best for the local housing market since before the recession.  Home sales are up all over Dallas and home purchases are up more than 25% higher than last year.

A pickup in job growth, low interest rates and relatively affordable home prices have buyers becoming more confident about the economic environment.

Even though there is a widespread gain in the number of home sales, prices are rebounding much more slowly.  The sellers are finally taking low prices for their property after sitting for two years.

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Posted April 10, 2012 by Rogers Healy

A great start to the home selling season

The first quarter of 2012 has brought a surge in home sales!

Pre-owned home sales were up 16 percent in the first quarter of 2012 compared to the same quarter last year.  Median home resale values were also up a solid 5 percent for the quarter with March alone boasting an 11 percent increase from a year ago.

 

This is great news for the housing market because March is the first real month of the selling season. Don't be surprised to see numbers as strong as these for the second quarter as well!

 

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