North Texas Home Sales Surge 27% in August!

It’s been awile since I’ve been back at my old blogging station. I’ve been fortunate that I have been very busy with a solid summer of home sales for 2011, but a vacation to Hawaii and a 3000 mile motorcycle trip beginning in Dallas and going through the beautiful county of Colorado, Utah and New Mexico also commanded some of my attention.

So now that I am back, I look around to see what was happening in and around the market? What do I see? I see great numbers is what I see! North Texas pre-owned home sales were up 27% for the month of August. This is HUGE! This is also the second month of double digit growth that our area has seen. And an awesome stat is the one in relation to condo and townhome sales. Condo and townhome sales have really struggled during this slow recession. This is partly due to many banks that are less willing to lend money on them, especially for those developements that don’t have strong occupancy rates.

Well, I am here to tell you that condo and townhome sales were up a dramatic 34% from this time last year!

To read the nuts and bolts of it all, click on: Dallas News.

The current North Texas market seems to be heading into the right direction. To help it keep that way, call me with any of your home buying or selling questions and let’s keep this trend going!

Kevin Rhodes w/Keller Williams DFW ~ Dallas/Fort Worth
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