Although Garland dropped to 124 sales in November '08 as compared to 193 in November '07, and has shown a marginal trend downward of 3% for the same time period, according to the North Texas Real Estate Information System (NTREIS), whose figures are deemed accurate buy not guaranteed. Sellers will have to realistically price their homes, basing them on anticipated sales prices, as shown by their Realtor's analysis of their neighborhood comparable sales.
Although there is an apparent stall in the Garland Real Estate Market at this time, the area is expected to hold it's own during the current market correction to overcome the increase in foreclosures and the fallout of the sub-prime mortgage market.
As Realtors®, Andy and I are optimistic that 2009, in hindsight, will show Garland as having compared well to other cities in our local market area. The stable dollar value per square foot, convenient travel, good schools, shopping, restaurants, and many other amenities that the City offers Buyers will continue to keep Garland in the forefront of the Metrotex.
ZIP Codes: 75040, 75041, &, 75044 Location Characteristics: One of several Bedroom/Business Communities surrounding the City of Dallas, with good schools and shopping, and easy access to Downtown Dallas and all surround communities via Central Expressway 75 and George Bush Turnpike 190. Garland is a stable real estate environment, having had an ongoing appreciation of approximately 2% on up over the last several years.
As North Garland becomes more and more vitalized by the presence of the Dart Rail Station (in light of rising gasoline prices), expanding communities in the prestigious Firewheel and Breckenridge Subdivisions, the restaurants, shopping and multi-screen theater in the Firewheel Town Center (opened in October '05), and easy access to Downtown Dallas, main travel arteries and surrounding communities this vital City has much to offer and can be cited as a very favorable consideration for relocation.
About Andy & JoAnn Petrosino:
In Real Estate, the Clients’ needs and interests should always come first. Additionally, Clients are best served by developing a Professional Partnership with a Realtor® who will do just that ... put them first. Multiply that attitude by two, and you have The Petrosino Team.
As Real Estate Professionals, we consider ourselves to be in Service rather than in Sales.
First and foremost we listen. We listen for expressed and unexpressed hopes and expectations. Then we develop a plan to best meet those needs and desires. We become our Client’s advocate and partner, guiding and educating throughout the complex process and negotiation. All activities are targeted to produce a positive and successful conclusion.
For Sellers our goal is the same as theirs, the sale of their home in the shortest possible time for the best possible price, developing a marketing plan uniquely designed for their specific property. For Buyers our goal is a successful search and negotiation for the definitive home of their dreams, educating and guiding them in the very complex and exciting process of purchasing perhaps the single largest investment they will ever make in their lifetime.
Dedicated to building relationships for life, we remain available for years beyond the closing, with professional real estate advice, significant real estate information, updates on market conditions, and current Comparative Market Analyses on our Clients’ homes.
By consistently delivering beyond expectations, we receive the greatest compliment our Clients can give ... enthusiastic recommendations to their friends, family and business associates with Real Estate needs.
We would consider it a privilege to serve you as well.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
