Until several years ago, only 3 of the 17 condo complexes in the Central Market Condo area of Dallas, Texas, had FHA loan approval.  If you wanted to get a mortgage to buy a condo, you got a conventional loan.  As we headed into the wild and woolly downturn in the mortgage industry that began in 2008, conventional lenders became less willing to lend the money to condo buyers. Condos pretty much stopped being sold (except for deeply discounted properties that sold to cash investors). In the past, in some parts of the country, there had been some really wild speculation going on in the condo market.  After the bubble burst, Lenders loss lots of money cleaning up that mess.  It was less of a problem in Dallas, although I remember in the early part of the last decade when investors from Cal... 04/01/2013

It's the month of love.  Buyers and sellers are both definitely feeling the love here in the East Dallas real estate market.  Here are your Central Market Condos housing stats for the Dallas real estate market for the last six months (August 2012 to January 2013). According to the figures posted by NTREIS (North Texas Real Estate Information Systems), the Central Market Condos area of Dallas currently has 27 active listings.  These range from a 713 square foot condo with an asking price of $53,000 to a 1420 square foot property going for $187,700.  The average property currently listed for sale in the Central Market Condos area is 1067 square feet, has 1 bedroom and 1 bathroom, has an asking price of $122,388 and has been on the market for 105 days.  This is slightly higher than last mo... 02/08/2013

Can you believe we're already in the middle of January?  I hope everyone had a wonderful holiday season.  Now that the break is over, it's time to get down to business.  Here are your Central Market Condos housing stats for December 2012. There was a bit of a slow down in the Central Market Condos area last month.  But, that is typical for this time of year.  According to NTREIS, there are currently 29 active listings available.  That is exactly the same amount as was available in November 2012.  However, the average listing price is slightly higher at $119,430 for a 1 bed/1 bath 1065 square foot property.  That is $112/square foot, which is $3 more than the previous month's average.  It has been on the market for 113 days. Pending properties are also lower.  November 2012 showed four p... 01/11/2013

Can you believe it's almost Christmas?  Things are really festive here in the East Dallas Central Market Condos area.  While people are busy getting their holiday shopping completed, it looks as though the real estate market slowed a little in November from the previous month...but only slightly. A search of the North Texas Real Estate Information Systems' (NTREIS) statistics revealed that there are 29 active properties for sale in the Central Market Condos area.  That's down from 31 the previous month.  Current listings range from a 1 bed/1 bath 713 square foot unit listed at $42,000 to a 3 bed/2 bath 1420 square foot property listed at a very affordable $187,000.  The average property currently for sale in the Central Market Condos area of East Texas is a 1 bed/1 bath 1072 square foot... 12/14/2012

Seventeen condominium complexes (with a total of approximately 1100 units) make up the Central Market Condos area of East Dallas, TX.  I am happy to say that, not only is this one of the largest concentrations of condos in Dallas, but it is also my home.  Lovers Lane, Greenville Ave. and Skillman border the Central Market Condos region. The latest market statistics seem to indicate that the Central Market Condos area has been experiencing an increase in activity.   According to the latest statistics from NTREIS (the North Texas Real Estate Information Systems), there are 31 active listings in the Central Market Condos area.  That is down slightly from the previous month's 34.  These listings range in size and price anywhere from a 1 bedroom/1 bath, 713 square foot property listed at $64... 11/09/2012

Here is the Market Report for Williamsburg Condos (Dallas TX) for all activity for the last 12 months as of October 2012.  There has only been one sale in the last 12 months.  It sold for $79,000. If you are interested in buying or selling a condo anywhere in the Metroplex, just call me at 214-228-9828.  If you want to search for a condo to buy, click here to access my website. Williamsburg II is a really nicely landscaped complex located at the intersection of East University Blvd and Matilda Street.  The complex is built of pretty brick.  Every unit has a bay window in the living area, a nice architectural feature.  The complex has one floor-plan throughout.  That floorplan has two bedrooms, two bathrooms and two living areas.  The floorplan has lots and lots of closets.  If you can't... 10/22/2012

The Market Report for Birchbrook Manor Condos in Dallas TX for the 12 month period ending in October, 2012, appears below.  During that time, there was only one sale that was handled through the Multiple Listing Service (MLS), the database of properties for sale that is maintained by Realtors.  All the units in Birchbrook Manor have two bedrooms and two baths as well as a nice-sized outdoor space.  Most of the units have one living area.  Some of the units have two floorplans, a living-dining room and a den that is open to the kitchen.  The unit that sold is the larger floorplan. There currently are two units listed for sale.  A third unit is under contract to one of my buyers.  If you are interested in a condo anywhere in the Metroplex, just phone me and lets talk about what you need i... 10/17/2012