| Market Commentary Provided by Mary Ann Byrns Good interest rates |
| Report Date | Fall 2009 |
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| Nearest Metro Area | Dallas / Fort Worth, TX | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 0-30 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $350,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 5-6% | ||||
| Prices As % of Asking Price | 97-100% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | Single-Family Homes, Move-Up Buyers and Relocation | ||||
| Buyer Activity for the past 90 days in Colleyville is | |||||
| Seller Activity for the past 90 days in Colleyville is | |||||
| Is Financing Available For Qualified Buyers in Colleyville? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | Entire area | ||||
| Reason to Buy/Sell | Good economic news | ||||
| Average Sold Price | $350,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| Local Summary: Unlike many other markets across the country, the supply of available housing is good. Sellers are receiving multiple offers at or very close to asking price. National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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