By Steve Brown
Source Dallas Morning News
The Dallas-Fort Worth home market got good marks in a just-released national survey of home prices.
Home sales prices in the D-FW area were up almost 5 percent in the first quarter from a year earlier, California-based Clear Capital said Thursday.
And the real estate data provider rated the D-FW area among the country’s top five markets for home price growth so far in 2010, according the new survey.
Most of the cities Clear Capital looked at for its first-quarter report had annual increases in prices. But more than half of the markets lost ground with price declines from March to April.
The price reductions were worse in areas where large numbers of foreclosed homes were on the market.
More than 40 percent of the houses for sale in the D-FW area are previously foreclosed properties, Clear Capital estimates, compared to about a 29 percent nationwide rate.
But many North Texas home markets continue to see slight increases in home sales prices.
Are you interested in selling your home? Give us a call at 972-772-7000 or email us at rockwall@kw.com.
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