On this Friday morning, we wanted to share with you a great resource from one of our friends/business associates, Todd Tramonte. Todd is an excellent real estate agent who primarily helps home buyers and sellers in the Richardson, Dallas and Collin County areas. In fact, he actually served as Andrew Gore’s own realtor last year when Andrew Gore and his wife bought their home.
Todd recently produced a monthly report in his newsletter describing what has been happening in the Richardson housing market during the previous month. He also produced a corresponding report on the Dallas housing market for the same time period. If you’d like to see a copy of these reports, click here:
As Todd noted in his newsletter:
The most recent Dallas & Richardson Housing Market reports are out and they continue to reflect the increased levels of activity we’re currently seeing in the market. We continue to see relatively low levels of available housing inventory for average price points in our areas, which is a sign of strong demand. In the average price range in Richardson we’re only seeing three and a half months worth of inventory! … Buyers continue to gain confidence in the market, which is helping the average Richardson home seller get their home sold for more than 96% of their asking price.
As a home owner living in Richardson, I thought this was helpful information to have, and I wanted to pass it along to all of you who read our blog.
One last note–as you are buying, selling, or renting a house, if you ever have any questions about real estate law, we would be happy to help. Whether it be a question about the legal requirements placed on you as a landlord of a rental home, to questions about your contract for sale on your home, we are happy to help. Just give us a call at 214-236-2712 to speak to one of the Attorneys at Cook & Gore.