What's That Knocking

It won't last long ...

Good News Is Coming For DFW Homeowners!

Yes, it’s true. There are a lot of homes (45,000) on the market in the DFW market. The number of pre-owned sales in April was down 11% from a year-to-date from a year earlier, and down 15% for the first four months of 2008. Naturally, it would follow that home prices have receded, and in April they were down 3% from a year earlier. Although this isn’t good news for homeowners and the real estate market in particular, compared to the rest of the country, we are doing GREAT.

GOOD NEWS IS COMING FOR DFW HOMEOWNERS! Our market is firming up QUICKLY. Liquidity is increasing in the market place and loans with terrific interest rates are being made to people with good credit; and isn’t that a refreshing concept! Today, you actually must have good credit to get a loan! Currently, there is a less than 7 month supply of homes on the market in DFW. That still makes it a buyer’s market, but a “blood bath” it ain’t! Pity the Miami area where recently there was a 60 month supply of homes on the market! So if you are contemplating buying a home, CALL ME TODAY and let’s find you one! Knock, Knock, Knock … that’s opportunity at the door, and she won’t hang around very long at these prices!