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Posted February 25, 2013 by Rogers Healy

What Happened 94 Years Ago Today?

 

94 years ago today, Oregon imposed the countries first gas tax. It was a 5¢ per gallon tax. In the following decade, all of the U.S. states (48 at the time), along with the District of Columbia, introduced a gasoline tax. By 1939, an average tax of 3.8¢ per gallon of fuel was levied by the individual states.

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Posted July 9, 2012 by Rogers Healy

Home sales up 20% from last year

During the last 30-day sales period ending July 5, approximately 211,000 homes were sold in 98 of the top 100 metropolitan areas, according to research firm DataQuick.

Sales overall rose 12% from the same period a year earlier and 10.6% from 2009 levels.

Home prices also went up with the median price hitting $193,000 on July 5, up 6% from a year ago and 4.3% from three years ago.

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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 7, 2012 by Rogers Healy

Don't expect homes to get much cheaper

Buying a home may never get any cheaper than now.  Several housing experts are predicting that this year will be the last chance for bargain hunters to cash in on the best deals of the weak housing market.

Homes have never been more affordable with prices down 34% nationally since 2006 and mortgage rates at historic lows, but it won't stay this way for much longer.

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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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Posted April 6, 2012 by Rogers Healy

Home prices stagnate but rents keep rising

Renting used to be cheaper than buying but in many areas that's no longer the case.  Rents continue to to rise and home prices are staying relatively stagnate.

 

Asking prices for homes shrank 0.7% over the past year while rents rose 5%, according to a report released Thursday by real estate listing site Trulia.  The average rent for all types of rental homes rose to $1,350 per month in March from $1,285 a year earlier.

 

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Posted March 3, 2012 by

Which Neighborhoods are Rebounding?

Many people are confused about the real estate market and whether or not it has finally turned the corner.  Are home prices going up, staying the same, or going down?


 

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Posted August 19, 2011 by Rogers Healy

Dallas Is THE Place To Be!

Although home prices are predicated to continue to decline throughout the rest of 2011, Dallas and 4 other cities make the exception! Clear Capital states, "Out of 50 major metro areas, Washington D.C., New York, Orlando, DALLAS, and San Francisco are expected to preform best with positive home price gains in the 0.2% - 2.8% range." The Dallas real estate market continues to show strong positive growth and stability in homes sales and home values. With this slow but steady recovery, now is the time to buy and rent in the Dallas area!

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