The market was very interesting because the dollar volume of real estate transactions went up considerably this past year from approximately 13,870,149,199.00 to 15,347,720,080.00, approximately a 10.7% increase in the sales volume this past year based on the 46 areas. Median Home Prices were up 7.3% however home sales or units sold were up approximately 1.6%. You might be wondering, as I did, why the big increase in sales volume and home prices but not in units sold? The only reason I can come up with is because of a lack of inventory in our market. I believe if we had more options for home buyers then we would have had a larger sales in units. Now let me also note our MLS does not give us information about new home builder sales completely so there could have been more units sold based on this area. I actually believe this is a true statement since our team sold many new construction homes this year. However, when a realtor sells them they get put into the MLS but there are people who actually purchase new homes without a realtor. Really! I wouldn't suggest people do that since the person selling the home works for the builder and not the person buying the home. Realtors represent their clients so they have their best interest in mind. I think people should always use a realtor when buying a new construction home. I want everyone to be protected no matter what type of home they buy.

For more information about your specific home or neighborhood, contact "The DeBerry Team" at 214-676-8040. We know the market and how to get homes sold or find the one you desire. Go to our personal website at www.roxannedeberry.com to find homes available in the area.

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