DFW Housing Shows Signs of Recovery

Good News If You’re Selling Your Home

A strong recovery in housing starts and price of home sales in the DFW market is good news for sellers and owners alike.  Owners in HOAs cite their desire to protect the value of their home investment as a key reason for choosing homes with community associations.

The Dallas Business Journal reported that “Dallas area home prices increased 7.6 percent year-over-year in March, following a national trend of rising home prices.

Nationally, home prices increased 10.5 percent year-over-year in March, according to a CoreLogic report.

Metrostudy reports the Dallas-Fort Worth new home market continued to expand rapidly during the first quarter of 2013.  

“Homebuilders entered 2013 with the largest backlog of sales in years.  Consequently the year began with a significant jump in home starts," said David Brown, Regional Director of Metrostudy’s Dallas-Fort Worth office.  

Homebuilders continue to report year-over-year gains in traffic and new contracts.  The start pace was the highest for a first quarter in five years and up 35% over 2012.