| Market Commentary Provided by Carol Russo Potential buyers who have been on the sidelines are being motivated to take advantage of lower interest rates. |
| Report Date | Fall 2009 |
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| Nearest Metro Area | Fort Worth, TX | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Up from last year | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $200,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | About the same | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Move-up buyers | ||||
| Buyer Activity for the past 90 days in Haslet and Eagle Mountain Lake is | |||||
| Seller Activity for the past 90 days in Haslet and Eagle Mountain Lake is | |||||
| Is Financing Available For Qualified Buyers in Haslet and Eagle Mountain Lake? | |||||
| 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 | Around TCU in Fort Worth; Colleyville and East Keller for higher end buyers; West Keller in Hwy 35 corridor for moderate buyers. | ||||
| Reason to Buy/Sell | Mortgage interest rates trending up | ||||
| Average Sold Price | $200,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| Local Summary: A somewhat static housing market could be on the verge of heating up in anticipation of higher mortgage interest rates. Prices are extremely affordable for both first-time and move-up buyers. The current housing hot spots most likely would become even hotter. 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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