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Market Trends
Commentary Provided byLinda Gasaway Rates are low, the stores are new, the schools are exemplary, the trees are tall, the people are friendly - it’s a great time to move to Fairview. |
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| Report Date | Fall 2009 | ||
| Nearest Metro Area | Dallas Fort Worth | ||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||
| Average Time on Market | |||
| Market Trend | Increasing | ||
| Housing Inventory | Very tight market | ||
| Average Home Price | $325,000 - View Graph Trend | ||
| Best Selling Price Range | $300,000 - $349,000 | ||
| Worst Selling Price Range | $1,000,000+ | ||
| Compared to Last Year | Down 10-15% | ||
| Prices As % of Asking Price | 90-95% | ||
| Multiple Offers? | Yes | ||
| Greatest Activity | Repeat Buyers | ||
| Buyer Activity for the past 90 days in Fairview is | Increasing | ||
| Seller Activity for the past 90 days in Fairview is | No Change | ||
| Is Financing Available For Qualified Buyers in Fairview? | Yes | ||
| Existing Home Prices for the past 90 days are | Decreasing | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||
| Housing Hot Spots | Heritage Ranch, Thompson Springs, Stone Creek, Tranquility Farms, and Hawkswood among many others are all | ||
| Reason to Buy/Sell | Good economic news | ||
| Average Sold Price | $325,000 - View Graph Trend | ||
| National Real Estate Market | |||
| 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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Linda Gasaway
eHome Pro, LLC Fairview, Texas 972-740-7070 lindagasaway@agents.househunt.com Agent Home Page 
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Fairview Local News
News for Fairview, TX - Friday July 10th, 2009 3:15pm
Fairview is the new "darling" of Collin County with all new department stores like JCPenney, Macy's and Dillards opening up this summer, a highend Cinemark and even a Whole Foods market coming our way. The Lovejoy Indendent School District is Exemplary making this a highly desirable place to live. Fairview is "Keeping it Country" while living close to the Metroplex's increasing job market.
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972-740-7070
