Hot Spots, Cold Spots

According to CNN Money, the market for the Dallas/Fort Worth region looks like we will continue to see an increase in our housing market.

"The housing market looks healthy for the [South] region, which may boast 12 of the 20 hottest markets for 2007."

The Dallas-Irving area had a projected price change of +4.1% for 2007 and is expecting to increase another 3.9% in 2008 with the median home price at $161,210.

For those in Fort Worth-Arlington area, the projected price change for 2007 was +4.4% and an increased 3.8% for 2008 with the median home price at $127,470.


For those of you who are looking to sell your home this new year, don't get discouraged. Our market only continues to increase while others--like California--are expecting another year of major decline in the housing market.

For those of you who are looking to buy, it continues to stay a buyer's market because of the overall national housing market, so don't think you can't get the best deal for your dream home.

For more information on this click here or call J.J. at 972-254-2011.


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