Dallas, Texas Real Estate | Market Spotlight

Recent reports note selling prices for top homes in Dallas and other luxury markets in Texas showed growth or continued strength in the second quarter of 2012.

luxury_real_estate_texasDallas was one of the few markets to post gains in median sales price, ranking it 12th among S&P/Case-Schiller’s 20 index markets. All of that bodes well for the luxury home market.

“In the second quarter, I saw a renewal of confidence in homebuyers, and that came from the lower interest rates. I haven’t seen that kind of confidence in a long time,” said Robbie Briggs, president and chief executive officer, Briggs Freeman Sotheby’s International Realty in Dallas.

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