Local Market is On the Rise

Posted by Tommy Pennington Group on Friday, June 4th, 2010 at 4:27pm.

Currently, the Tommy Pennington Realty Group has 37 ACTIVE listings, 2 ACTIVE OPTION, 2 PENDING, 14 CLOSED and 3 offers on the table working on negotiations!  In a time when the media has all but given up on the housing market and called it "belly-up", we are thriving.  Demographically speaking, in the last 8-10 years alone, Southlake has seen at least a 23% increase in population and it's steadily on the rise.  States such as Florida, California, Illinois, Oklahoma and Louisiana are migrating to Texas and mainly the DFW area.  What does this mean to you?  Well, for starters, you can take it as a sign that the housing market, though having gone through a lull, is not dead.  We are actually on the rise from where we were this time last year, with the demand increasing.  Stay tuned for more updates.

 

 

 

Tommy Pennington
Keller Williams Agent, Southlake TX Real Estate

1 Response to "Local Market is On the Rise"

Property wrote: This is a good article.you can take it as a sign that the housing market, though having gone through a lull, is not dead. We are actually on the rise from where we were this time last year, with the demand increasing. Stay tuned for more updates.
The Halifax today said the mixed pattern of monthly rises and falls in the year to date was consistent with a slowing market.

It expects that house prices will be broadly unchanged across 2010 and said low interest rates and a recovering economy were helping to underpin demand.

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<a href="http://www.hotpropertysales.net">Property</a> Posted on Tuesday, August 10th, 2010 at 6:04pm.

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