"Is Anything Selling?"   This is the question I'm asked every day.  The answer is YES! 

The Dallas/Fort Worth metro area is ranked #4 in the ten highest performing major markets for the first half of 2011 according to a report from Clear Capital.  The same report also projects the DFW market to be one of only 5 that will show some growth in the second half of 2011. Now that's definitely a positive sign of market stabilization.

In Rockwall, the total units sold in June was 124 compared to 132 in 2010; however, the average sales price rose from $213,101 in 2010 to $240,452 in 2011.  As of July 14, there are 778 homes on the market . The average days on market is 101 up from 2010's average days on market of 83. Of those on the market, the median home price is $224,900 and the median home price of those sold in June was $185,000.

Homes are selling IF they are priced aggressively in the market, staged and spruced up as much as possible to get the highest price.  It takes a lot of work by both real estate agent and seller to make the process smooth and hopefully fun.

For homebuyers, now is the time.  Rates are still low and the inventory of homes is high so it is still a great time to move up or buy for the first time.  First timers should go for it!  Find a good real estate agent who will guide you every step of the way and get a home that has good future value.  Buy well within your means and in a few years you will be in a good equity position to move up to a home that best suits your lifestyle.