custom home builders dfw

custom home builders dfw
The Dallas-Fort Worth real estate industry is still in search of recreation than new home sales and prices still have a tumble dryer.

In a recent report published by the Dallas-based Residential Strategies, new home sales in the Metroplex fell nearly 39 percent in the second quarter compared to a year ago. The range of the continued rise in unemployment adds care of clients. The report also showed 50 percent decline in housing April to June compared with same time last year.

In comparison, sales of Dallas luxury apartments, with a value of 1 million U.S. Dollar and higher, fell 45 percent - according to recent reports from the Texas A & M University's Real Estate Center and the North Texas Real Estate Information System. With such a high fall, Dallas luxury apartments overlooking the most from the housing slump.

Since the revenues continue to decline, the prices at home, also a hit.

Standard & Poor / Case-Shiller 's latest housing index a Dallas-Fort Worth homes fell 5 percent over the previous year - slightly higher than the previous month, however. After the index, fell 18.1 percent in 20 other U.S. metropolitan markets surveyed. He notes, however, that the rate of nationwide home price decline actually improved from earlier this year recording dips.

Recent data from the Texas A & M University's Real Estate Center and the North Texas Real Estate Information System uses the median home price to $ 139,500, a 3 percent decline in North Texas median home sales prices this year.

A new report by mortgage insurer PMI Group Inc. expects, "" minimal risk "for further reductions in Dallas-Fort Worth home prices within the next two years.

Although the nationwide housing slump continued, there is still a good message.

The National Association of Realtors (NAR), the fourth straight increase in its latest Pending Home Sales Index - for the first time in almost five years. Every month, the index is the relationship between the existing, real estate and real closures.

In the hope that the worst has already come, the housing market to stabilize, as more new home sales and re-sales.

Neil Lemons is a freelance writer in real estate. Artisan Lifestyle Homes is a luxury homes builder's own Texas. Check out her blog to learn more about the latest trends in housing, or learn more about their own Texas luxury homes by visiting its website: http://artisanlifestylehomes.com/