New Prices on Great Homes in the Park Cities
December 14th, 2015 | by Michelle
Before welcoming the New Year, sellers get serious about closing on a deal in time to enjoy end-of-year tax advantages. This is typically the time when smart sellers in the Park Cities apply price reductions to motivate and attract the right buyer.
For buyers, these price reductions could not come at a better time. According to the new Standard & Poor’s/Case-Shiller Home Price Index, Dallas-area home prices are at an all-time high. The report finds an average increase of 9 percent in prices through the first nine months of 2015. That’s nearly double the nationwide gain and the fourth highest increase out of all major markets Case-Shiller tracked.
According to D.W. Skelton, local Dallas real estate appraiser, there is a high demand for homes that fall below the $1 million price point. It is an appealing price for all lifestyles, from move-up buyers, to downsizers, to buyers that are relocating.
At Briggs Freeman Sotheby’s International Realty, the in-house relocation team introduces newcomers to neighborhoods and homes in DFW, while assisting sellers moving out of North Texas. These leading agents know the neighborhood data that impacts the pricing and marketing of your investment.
With no slowdown in sight, the time is now to find exceptional values on great homes throughout Dallas. To see more newly reduced homes, visit briggsfreeman.com.
This four-bedroom refuge in the Park Cities offers a low maintenance lifestyle and walkability to Bradfield Elementary, Germany Park and Highland Park Village, all at an attractive price point.
With a coveted location in gracious Russwood Acres, from the exquisite entrance to the backyard patio and pool, this four-bedroom home stuns throughout.
After a complete renovation in 2008 and additional updates completed in 2015, this three-bedroom home in West Highland Park is move-in ready.
Learn more about living in the Park Cities area. Visit the Best Neighborhoods Site in DFW.
For more luxury homes throughout North Texas, see briggsfreeman.com. President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with offices in Dallas, Fort Worth, Uptown, Lakewood, Ranch and Land, The Ballpark and Southlake.