Corinth, TX - Don't be fooled by the national real estate market news! Residential Real Estate Market in Corinth, TX - a small suburbian town, located just south of Denton, TX and about 40 miles north of Dallas, TX - is robust! Median For Sale vs. Median Sold graph is a proof of it. These are the latest data taken from NTREIS - North Texas Real Estate Information System also known as NT MLS. Look at the graph - the spread between the red and green columns is shrinking. This simply means that while the median price of homes for sale in Corinth, TX may have stayed the same relative to last year (these data cover 12 months period) the SOLD homes in Corinth, TX show the increase of median price of homes sold in Corinth, TX by 16%! Whether it is a direct result of Federal Tax Credit or a combination of factors (recovering economy, great schools - Hawk Elementary, Crownover Middle, Guyer High to name a few) remains to be seen. If you are in the market to buy a home in Corinth, TX - be aware that homes for sale in Corinth, TX that are priced at or bellow the market value and in superb condition will not be there for you later in the summer. Corinth, TX home owners, on the other hand should also know the stats and data to make their decision on pricing and preparing the property for sale. Once you realize that the open real estate market drives the prices, get your home in excellent condition (the buyers make their decisions in the first 8 seconds of being in the home) you will sell your home and move on to better, bigger (or smaller :-) things in life!
Corinth TX real estate market. Find homes for sale in Corinth, TX. Leeza Morris, Realtor, MCNE (Master Certified Negotiation Expert), Local Real Estate Assoc. Broker/Owner of Cloud Realty, division of Mi Real Estate Cloud, Inc., Denton Texas (469) 300-1109. www.TXCloudRealty.com
Real Estate Flower Mound, Highland Village and Denton
Friday, May 7, 2010
Don't be fooled by national "bad" real estate market news
Corinth, TX - Don't be fooled by the national real estate market news! Residential Real Estate Market in Corinth, TX - a small suburbian town, located just south of Denton, TX and about 40 miles north of Dallas, TX - is robust! Median For Sale vs. Median Sold graph is a proof of it. These are the latest data taken from NTREIS - North Texas Real Estate Information System also known as NT MLS. Look at the graph - the spread between the red and green columns is shrinking. This simply means that while the median price of homes for sale in Corinth, TX may have stayed the same relative to last year (these data cover 12 months period) the SOLD homes in Corinth, TX show the increase of median price of homes sold in Corinth, TX by 16%! Whether it is a direct result of Federal Tax Credit or a combination of factors (recovering economy, great schools - Hawk Elementary, Crownover Middle, Guyer High to name a few) remains to be seen. If you are in the market to buy a home in Corinth, TX - be aware that homes for sale in Corinth, TX that are priced at or bellow the market value and in superb condition will not be there for you later in the summer. Corinth, TX home owners, on the other hand should also know the stats and data to make their decision on pricing and preparing the property for sale. Once you realize that the open real estate market drives the prices, get your home in excellent condition (the buyers make their decisions in the first 8 seconds of being in the home) you will sell your home and move on to better, bigger (or smaller :-) things in life!
