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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Richardson, Texas

Reported by Andy & JoAnn Petrosino, REALTORS®, CRS, CHMS, CNS, GRI

Updated December 21, 2008.

Current Market Rating: 3




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 4




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2
3
4
5
Falling

Rising

Richardson is doing very well currently, reflecting a 14.3% gain in Average Sales Price when comparing November '07 to November '08, especially when compared to several markets in the North Texas area. NTREIS (North Texas Real Estate Information Service, deeming their figures to be accurate but not guaranteed) that have flattend or have downward trends at this time. Reports for November 2008 show average days on market decreased from 66 in November '07 to 52 days in '08,

We will continue to statistically track the area, fully expecting, along with the National Association of Realtors economists, that late 2009 will be very encouraging compared to current trends.

As a Realtor® Team, we continue to enjoy servicing Richardson, and are not surprised when we find those relocating to North Texas, specifically requesting showings in Richardson. It is a well-run and well-respected community.


ZIP Codes: 75080, 75081

Location Characteristics: Richardson is best known for it's strong business environment, featuring the Telecom Corridor, Texas Instruments, Fossil and others ... all of which underscore the economic strength of the community. The reputation of the Richardson School District (R.I.S.D.), the presence of the University of Texas at Dallas (UTD), the well-respected Richardson Medical Center combine with easy access to all surrounding areas via the DART Rail System, Central Expressway, the Dallas North Tollway and George Bush Turnpike to draw those relocating to the Richardson area. It is a highly respected and sought after community.

Coldwell Banker Apex and The Petrosino Team are a part of the World's Largest Referral Network, and can enthusiastically recommend Richardson both as an opportunity for local moves as well as a prime Relocation Area. We expect to serve many clients in this area of the Metroplex in the year ahead, and would look forward to serving you as well.


For More Information:

View Market Conditions of other areas served by Andy & JoAnn Petrosino

Navigate: Top > Texas > Richardson

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.




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