Inventory
A reader writes: Dear Candy: Thinking about selling my house. I have been told that inventory is incredibly low on my type of house: 6600 square feet, built in 07, area 11 (North Dallas), price probably $1.45 – $1.49. So the dilemma…. I really need to wait until this September so that I will have…
I know that with inventory so low, it is mighty hard to find homes out there. The new thing is to find a home BEFORE it hits the market! If you are looking in Preston Hollow, very close to St. Mark’s — we are talking roll out of bed and you are in your classroom…
Really nice piece here in the New York Times explains why we are beginning to see home prices creep — I said CREEP — upwards, even in markets like Phoenix and Las Vegas: lack of inventory. It’s a very similar situation here in parts of Dallas, mostly the Park Cities, Preston Hollow, and Lakewood: hip…
So. It’s 2012 and we have been at this for what now, three years? Our market first started feeling the pinch about 2008. Texas is like the caboose on a long train: we are the last to fall off the cliff. Foreclosures skyrocketed from 2008 to 2011. The folks at Standard & Poors are now saying that…
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