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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