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Texas home prices have regained all the value lost during the recession, according to a new report by CoreLogic Inc.
Texas joins Oklahoma, South Dakota and Nebraska as the only U.S. states where home prices are now rising above pre-recession levels, according to the just-released report. On average, home prices in the United States are 14.2 percent below where they were before the housing market decline. And five states – Arizona, Florida, Michigan, Nevada and Rhode Island – are still 30 percent below peak price levels. Home prices in North Texas have risen to a record high $185,820 median price, according to North Texas Multiple Listing Service data. With home values on the rise and interest rates at near record lows, now is an ideal time to buy or sell a home in the Dallas-Fort Worth area. Contact me to learn more about the real estate market in your neighborhood and to find out what your home is worth in today’s market.
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AuthorPamela Edwards is an award winning, passionate Realtor and a native Dallasite. Her innovative marketing strategies lead to homes being sold 58% faster than the market average. Pamela goes above and beyond always focusing on having her clients best interest at hand. Archives
January 2015
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