North TX Market - Home Sales up 29% - Foreclosures Down 10%
A strengthening market and low financing costs have propped up home sales for the region.
According to the Real Estate Center, home sales for North Texas climbed 29 percent in October, the largest year-over-year sales increase of pre-owned homes in more than three years. Pending sales are also up 20 percent compared with a year ago, signaling a strong finish to the year.
The biggest year-over-year sales increases were found in North Dallas (79 percent), northeast Dallas (71 percent) and Far North Dallas and Coppell (59 percent).
You can read a related article by- Steve Brown - Real Estate Editor - DallasNews.com
For market statistics broken down by area, please try - www.DFWHomeTrends.com
Have Questions about your neighborhood or your home's value - please give me a call:
Christie Cannon - 469-951-9588 www.christiecannon.com