Dallas homeowners are in the top ranks for owners with mortgages who have positive home equity according to an article posted in the Dallas Morning News today. Here are some of the highlights and the link to read the full article.
"With housing values rising, Dallas-area homeowners now have one of the best home equity positions in the country, according to a new report by CoreLogic Inc."
“The trend toward more homeowners moving back into positive equity territory should continue in 2013,” Nallathambi said."
"In North Texas, median home sales prices were up 8 percent in 2012 from 2011, according to data collected by real estate agents’ multiple listing services."
"And during the first two months of 2013, median home sales prices of pre-owned single-family homes were up another 8 percent."
"Inventories of houses for sale in the Dallas-Fort Worth area are at the lowest level in more than a decade."
View the full article Dallas area among top markets with high home equity rates here.
