Home Sales Rebound in April in North Texas
Demand for new homes in Ellis County is growing, said Ted Wilson of dallas housing analyst. Mortgage rate falling below 4% fueled rebound, analysts say. “The increase in April sales reflects what we are hearing in the market,” said Ted.
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Sales of new homes increased to an annualized rate of 646,000 in June after two months of declines, according to the Census Bureau and the Department of Housing and Urban Development.
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Last year, pending sales plunged in most of the country from April to May following the expiration of the federal home buyer tax credit. From last May’s depressed level, however, the vast bulk of associations/etc. have reported sizable gains in pending sales – sufficient to suggest a strong rebound in the pending home sales index from April.
Collectively the home sales had generated nearly $29 billion – $28,968,374,682 – and resulted in the average sale price being $296,856, according to figures provided by North Texas Real Estate.
and pending home sales increased for the second straight month after declining for more than two years. While we don’t expect a sharp sales rebound, we also don’t expect an acceleration in declines.”.
North Texas home sales rebound in April after declines in the first quarter. More than 9,600 single-family homes were sold by local real estate.
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according to ""Pro Teck Valuation Services’"":http://www.proteckservices.com/ ""Home Value Forecast"":http://www.proteckservices.com/homevalueforecast/ (HVF) for April. According to the report, one of.
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Austin Board of REALTORS releases real estate statistics for September 2014 AUSTIN, Texas – October 21, 2014 – According to the September 2014 Multiple listing service (mls) report released today by the Austin Board of REALTORS (ABoR), austin-area single-family home prices set a record for the month of September.