Dallas Real Estate Blog

It is a new year, and I am excited to see what happens with the Dallas real estate market in 2006.  Amazingly, 2007 ended up being a relatively stable market for Dallas and Collin Counties. The market has slowed down, but housing prices are up. And with the drop in the interest rates, there is sure to be an increase in buyers. Luckily, for most sellers, the builders have slowed down giving resale homes a little bit of a boost. We don’t have the over-supply of houses one might think. In December, we maintained a balanced supply of homes and steadily declining rates.

“We are expecting a very good year with the real estate market getting back to its traditional cycle of heavy activity in the spring and summer,” says Jacob Narisi, 2008 CCAR President. “I strongly suggest that if anybody wants to sell or buy a home now is the time to start looking, spring is almost here.”