/

Sunday, April 20, 2008



DFW AREA HOME VALUES ARE UNLIKELY TO DECLINE



According to a recent report from private mortgage insurance provider PMI Group, the Dallas - Fort Worth market is one of the least likely in the nation to experience a significant decline in home values.



The markets most likely to decline in value are:

Riverside, CA

Las Vegas, NV

Orlando, FL

Ft. Lauderdale, FL

Phoenix, AZ



And the markets least likely to decline in value are:

Fort Worth, TX

Pittsburgh, PA

Dallas, TX

Houston, TX

Indianapolis, IN



In fact, NTREIS MLS data for March 2008 indicates that the average DFW home sale price actually increased 1.7% over March 2007.



At the Ebby Halliday Companies, the average sale price of homes sold during March 2008 was $292,595 vs. $270,157 in March 2007. That's a 7.7% increase in value over 2007!



The residential market remains strong in the DFW area with no indication of a decline in values.



And, the Associates at Ebby Halliday, REALTORS, Ellen Terry, REALTORS and Dave Perry-Miller & Associates continue to outperform the market! Thank you for all that you do!









0 Comments:

Post a Comment

<< Home