The Dallas Ft. Worth Housing Market: It's getting better!

It seems premature to type this on only January 14 of the new year, but the DFW real estate market is already hopping and it's only 2 weeks in to 2009. I guess it could be that it's that time of the year and people are anxious for a change but more likely it is the unbelievable drop in interest rates! The rates are lower than they have ever been in my lifetime, which may not seem like very long to some but to me is quickly approaching 36 years... that's a long time to wait for rates below 5%! Buyers are coming out of the cold to see my listings and people are trading up in to larger, more upgraded homes with the same monthly payment. Compared to much of the country, Texas is in much better shape when it comes to it's real estate market. Compared to the rest of the state of Texas, Collin County is THE place to be doing your real estate business. Texas has finally surpassed California and New York as the state with the most number of Fortune 500 companies who call this fine state their home - which means more jobs and more housing needs for Texans. What is my point tonight? If you're thinking of selling, now is the time to start asking the questions and getting your home ready. If you're thinking of buying, don't sit around waiting for that next quarter point drop -go now! Your Realtor can pair you up with a great Lender. If you're not ready to trade up then at least get a Refinance in the works. Seize the day and those great rates. So stop reading that doom and gloom guy in the DMN and ignore your TV. Buy and sell in Texas - it's worth your time and effort. Till next time, Dawn