STATE OF THE MARKET in the D.FW

The Dallas/Fort Worth and North Texas residential real estate market was booming at the close of 2013, and 2014 looks like it will be another very
strong year! Here’s why:

Residential pre-owned sales through NTREIS MLS increased 17%, with approximately 88,500 homes sold during the year.

Median sales prices were up about 10% from 2012 levels, according to MLS sales data.

And, for 2014, Texas’ job growth continues to lead the nation – but that’s only half the story. The state’s median household income also increased 4.3% over
the past two years, according to a recent Dallas Morning News article, and is now above the national median for the first time since 1985. That’s very good
news for the D/FW area and North Texas real estate market – more jobs and higher income is expected to have a positive effect on future home sales in the area.

It looks like 2014 will be another stellar year for Dallas/Fort Worth and North Texas residential real estate and for the Ebby Halliday Companies.

For more information on the Dallas/Fort Worth and North Texas real estate markets or to view homes for sale in the area, visit cynthialopez.com