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HOME SALES UP 10% in September

Home Sales Up 10% in September

Dallas Fort Worth Home Sales Statistics

From The Dallas Morning News: Back-to-school days didn’t mean that North Texas home-buyers backed away from the housing market in September.

Pre-owned home sales in North Texas were up again in September — the 15th month in a row that monthly home purchases have been higher than the previous year.

Real Estate agents sold 6,103 single-family homes through their multiple listing service last month, a 10 percent year-over-year gain, according to the Real Estate Center at Texas A&M University and North Texas Real Estate Information Systems.

With September’s increase, home sales in the area this year are 15 percent ahead of where they were through the first nine months of 2011.

And analysts don’t see any sign that the local housing market will soon slow.

“Sales in August and September didn’t have the kind of fall off that we normally expect,” said Dr. James Gaines, an economist with the Real Estate Center. “Overall, I’m looking for total sales to be up about 12 to 13 percent for the year.”

“Yes, sales probably will slow seasonally on a month-to-month basis but still be running nearly 10 percent greater than same month last year,” he said.

“The degree of fall-off on a month-to-month basis may not be as great as past years, as people are looking at housing as an opportunity as rents have increased over the past year, making ownership a little more attractive financially.”

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For more expert advice on the market, please contact us  – You can email me (Bonnie) at bbesserer@briggsfreeman.com or call me at 214-364-2295 for more information.

I also work with my Mother, Lisa Besserer, who is one of Dallas‘ top producing agents and is also VP of sales at Briggs Freeman Sotheby’s International Realty.

D Magazine” has ranked, Lisa Besserer one of Dallas’ BEST Real Estate Agents the past 4 consecutive years!

My Mom and I  work together and individually to help clients and friends stay informed about the Dallas market to help you with all of your real estate needs. We are lucky to be part of the best Residential RE firm in the State and the #3 firm in the nation!p

Briggs Freeman Sotheby’s International Realty also has one of the top web sites to search for homes in the metroplex… if you want to search for homes on your own for fun, try it out anytime by going here: http://www.briggsfreeman.com/ to search for properties. Your realtor can always provide you with more up to date information that cannot always be obtained from MLS and other websites, such as Zillow and Realtor.com. For instance, we have access from other agents in our office who don’t yet have the listings on the market, but know they will be coming soon, or Hip Pockets. Hip Pockets are private listings that are not listed on MLS for various reasons, but are shared only in-house, or with specific agents.

And, a special thanks to Update Dallas for getting residents informed!

Thanks for reading,

– Bonnie Besserer

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