Friday, September 04, 2009

Dallas Area Home Listings Fall Substantially

SOURCE: DALLAS NEWS

"North Texas homebuyers who are hoping to find a huge supply of houses for sale may be in for a surprise. While many markets in Florida and the West are suffering from a surplus of for-sale signs, the number of houses available in the Dallas-Fort Worth area has fallen substantially in the last year.

The supply of pre-owned homes for sale is down almost 17 percent from this time last year and has fallen by a quarter from the summer of 2007.

The drop in inventory of newly built homes is even steeper – about 50 percent since mid-2007."

Full Story Dallas News

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