2008 will soon be history and the market still looks good!!! A year of great opportunities . Northeast Fort Worth is THE place to live. New communities, new schools, parks and room to enjoy the great outdoors. Great real estate opportunities! Beginning December 2008 the inventory is still high with 909 available homes, down 15% from same period in 2007. The best indicator of the market is Average Days on the Market; through November the DOM was 75 days, up only 7% from last year. Through November 1831 homes sold, down 12%, with an average sales price of $161,561, up slightly (2%) with a total volume of $295,818,191. Not bad statistics for a " down " year: Listings and sales are down about the same percent with prices virtually unchanged.
In 2007 2,181 homes sold through December 2007 , down 9% from the same period in 2006 with the average sales price increasing (2%) at $158,991. The total dollar volume spend on residential real estate for this area through December 2007 was $346,759,371. Not bad for an "off" year in real estate!!! The total dollar volume spend on real estate in this section of Fort Worth in 2006 was $359,959,818. GREAT MARKET!!! Existing homes and new construction provide a choice of homes to surprise and delight buyers.
COME GROW WITH US!!!
ZIP Codes: 76137, 76248 Location Characteristics: Northeast Fort Worth provides affordable, high-quality living; a thriving, diverse business environment ; outstanding education from kindergarden through college; a temperate climate; access to popular attractions; sophisticated fine art; community solidarity; renowned performings arts; and convenience to a bustling downtown that is the pride of its citizens and a model for cities across the nation. The half-million people of Fort Worth are genuinely friendly, spirited and quite diverse. Fort Worth is consistently ranked among the top places in the nation to live and do business. The economy is strong ! Come join us!!
About Ann Anker:
Looking for a new home? Selling your existing home? Buying a vacation home or investment property? Moving to a new area of the state or another state?
I can help!!
I have over 30 years experience in sales, marketing and contract negotiations. These skills help me: # Assist you in buying the perfect home for you and your family with new construction or existing homes. I will familiarize you with the community, schools, and amenities of the area to help you with your neighborhood and property choice. # Market your home to achieve the best possible price for your house in the lease amount of time Exposure is the key to selling any property. Being affiliated with the largest real estate network in the world, Century 21, gives your property internet exposure unequaled in the industry. Century 21 Worldwide Office: Production Award Winner, Quality Award Winner, Top 1% of all Century 21 offices for Quality and Production.
Call me or email, I would love to help you with any and all of your Real Estate needs. 817-726-3839 annanker@sbcglobal.net
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
