Dallas Home Prices up Overall
May 9th, 2008 by Steve Doane | no responses
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By STEVE BROWN / The Dallas Morning News
10:59 AM CDT on Friday, May 9, 2008
Here is another report by known authorities on the Real Estate Market that shows the strength of the DFW Housing Market compared to other cities across the country.
As stated in the report, “Since the last housing recession here in the early 1990’s, the tax value of homes in the Dallas area have jumped about 70 percent.”
Overall, sampling by The Dallas Morning News shows tax values rising almost 20 percent in the last five years. But the the recent increases differ dramatically by area of town. For example: Some homes in North Dallas have seen a tax value increase by more than 50 percent. However, like in Lake Highlands, they have experienced 10 percent decline in values.
Generally, tax values proposed for 2008 show more increases on the north side of the Dallas area, while values in many neighborhoods south of the river had no increases.
CLICK HERE to read the entire article. It is important for those interested in buying or selling homes or other real estate in the North Texas area to understand the local market and not rely on the National Media reporting on national markets. For more information regarding the local market or to buy or sell real estate, contact Steve Doane at 214-755-3378 or steve@stevedoane.com.
The Author: Steve Doane
About: Steve and Mary Doane are experienced North Texas area REALTORS® with The Doane Realty Group of CENTURY 21 Judge Fite Company, having 21 offices in the Dallas area to serve clients. Steve and Mary believe deeply in hard work and dedication to their clients is top priority. It is these qualities that they believe that pave the way for providing the absolute best in client care. Steve is proud to have earned the distinguished 2007 “Quality Service” Award, based upon his service ratings from his satisfied clients. There knowledge comes from constant education, personal real estate investment experience, and a willingness to stay on top of an ever-changing market.
This entry was posted by Steve Doane, on Friday, May 9th, 2008 at 6:44 pm and is filed under Market Trends, Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response on the right, or trackback from your own site.
