Hoping to buy or sell a home? Here are five things you should know about this season’s vibrant real estate market.
Prices keep rising—DFW leads the nation in terms of steady growth in the real estate market, according to the S&P/Case-Shiller Home Price Indices.
Sales are brisk—Homes that are well-maintained and priced strategically are selling quickly with multiple contracts, often full cash offers. If the homes are priced well – at what the market indicates – the buyers are out there and those homes are going to sell.
Builders are back—Lots are selling quickly, especially in key neighborhoods, and builders are the biggest competition.
Greenspace matters–Buyers are continuing the pursuit of homes and neighborhoods with grass, trees, water and open space. That means parks for play, trails for biking and walking, nearby athletic fields and yards with room for outdoor living and play areas. People are looking for beautiful scenery, so homes beside parks and near water are in high demand.
Smart-sizers are looking– Agents tell us that clients in their post-parenting years are looking for homes with everything but the extra space—a great location near family, friends, shopping, dining and entertainment. Downstairs master suites are key, as are designer finishes and open floor plans.
For more luxury homes throughout North Texas, see briggsfreeman.com. President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with offices in Dallas, Fort Worth Cultural District, Fort Worth-Mira Vista, Uptown, Lakewood, Southlake, The North, Ranch and Land, Ranch and Land West, and The Ballpark. Visit the Best Neighborhoods Site in DFW.