We’re in the throes of real estate’s Spring Market in North Texas – but it’s not too late to sell or buy. We asked our expert agents at Briggs Freeman Sotheby’s International Realty what you need to know about the Spring Market, and here’s what they had to say.
A: Buyers need to get ready for the same kind of frenzied market we had last year. They’ll be facing competition for the best homes, so they need to continue to educate themselves on the market and be ready to pull the trigger when they find the right home. Sellers need to price their homes accurately; well-priced homes receive the multiple offers. The key to the Spring Market is listings – a good agent can get your home the best exposure.
3376 Blackburn Street | Turtle Creek | Listed for $1,299,000
A: This year’s Spring Market is going to be an excellent time to list your home. We have many buyers in Dallas looking to move up to luxury properties. We have even more people moving to the area because of corporate relocations – and they have their sights set on high-end properties in great neighborhoods with good schools. A good agent can help you get your home ready for listing and priced well to get the most eyes on it during this busy period.
1401 Wedgewood Court | Southlake | Listed for $539,000
A: Last year, the Spring Market was over almost before it began. We were dealing with a low inventory of homes for sale, and well-priced properties moved quickly. While the inventory issue is beginning to resolve, there is still competition for those well-maintained, well-priced homes in the core neighborhoods. Sellers should make sure they’re pricing their homes on target, and buyers should be ready to move quickly once they find a home they want.
5711 Redwood Lane | Devonshire | Listed for $1,495,000
A: Spring Market is THE best market in Dallas. Buyers need to be prequalified for a loan and become familiar with any neighborhoods they are interested in. In addition to educating themselves on the neighborhoods, buyers need to be familiar with values and what houses bring on the open market. Sellers need to have their property in peak condition as well as to be aware of their value and comparable sales. A good agent is the best resource for that guidance.
For more luxury homes throughout the Metroplex, see briggsfreeman.com. Click here to see the latest in real estate news. President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with seven offices in Dallas, Fort Worth, Uptown, Lakewood, Ranch and Land, The Ballpark and Southlake.