Have you been considering a Flower Mound home for the new year? In 2012, the housing market has improved dramatically – and inventory levels are shrinking. In fact, the housing inventory in many areas in North Texas markets has dropped to its lowest level since 2000. In November, home sales were up substantially, meaning there are now even fewer properties available.
According to market reports, the first 11 months of 2012 brought a 17% increase in sales – great news for a real estate market that has been in a slump since 2008. Real estate analysts claim that unless additional properties are listed for sale, the surge in sales won’t continue. People all over the United States choose the Dallas/Ft. Worth metroplex as a place to call home, and unless you get with your Flower Mound realtor soon, it’s likely there won’t be any homes available to choose from! It’s simply a matter of supply and demand.
One economist from the Real Estate Center, Dr. James Gaines, had this to say: “We can’t have the sales if we don’t have the listings. In some markets, the realtors are desperately hunting houses for the clients to buy.” Why aren’t more properties for sale? Other than the fact that families love living in the Flower Mound and surrounding Dallas communities, many are waiting for prices to come back up before putting their homes up for sale. While the market has come back considerably, it isn’t back to full speed yet – and until then, finding a home in north Texas communities may not be easy for potential homebuyers.
Are you looking for that “perfect” home for your family in the Dallas or Flower Mound area? The best way to navigate the competitive north Texas home market is to secure the services of an experienced real estate agent, who can help locate the ideal home for your family. At Team Nelson, we’re the experts at matching the perfect home with the perfect family. Buy a home through us, we’ll sell your home for free!
