New U.S. Home Sales Rose by 11 Percent in June (from foxnews.com)

It looks like the real estate market is starting to pick up on a national scale!



The government says new U.S. home sales rose by the largest amount in nearly nine years last month, in another sign that the housing market is finally bouncing back after the worst downturn in decades.

Washington - New home sales in June posted the fastest increase in more than eight years as buyers took advantage of bargain prices, low interest rates, and a federal tax credit for first-time homeowners.

While prices are still falling, the figures released Monday were another sign the housing market is finally bouncing back. Earlier this month, the govenrment reported that new home construction rose to the highest level since last fall, and data out last week showed home resales rose almost 4 percent in June, the third straight month increase.

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Contact one of our real estate agents today to find out more about our local, Dallas Fort Worth housing market and homes for sale in our area!

Texas Leads Nation in Homebuilding!

Just released from the Dallas Morning News:

In an article released at 1:47 PM CDT today, The Dallas Morning News states that Houston and Dallas-Fort Worth are the top two markets in the country for new building permits on single-family homes, based on numbers for a 12 month period, ending in May 2009. Also according to the article, Texas had more homebuilding permits than California or Florida combined.

Texas still has a growing population, with more people seeking a lower cost of living lifestyle and safe communities to raise their families in. You can view new construction and preowned homes in the Dallas - Fort Worth areas through the BW Home Team website!