Here is some good news for Real Estate professionals. Steve Brown with Dallas Morning News wrote an article that puts Dallas real estate market in perspective:
"Dallas area has recouped everything lost in the recession and then some when it comes to residential real estate values."
"In July, the price of pre-owned single-family homes in North Texas was up 12 percent from a year earlier. And pre-owned condominium prices jumped an unheard of 17 percent year of year."
"The median price of houses sold by real estate agents through their multiple listing service is about 40 percent higher than it was in January 2009."
Information courtesy of Steve Brown and The Dallas Morning News
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