The Wall Street Journal looked at the basic indicators in 28 major real estate markets and then complied date for the overall strength of each metro area. Out of those 28 metro areas, the only two markets rated STRONG for 2008 were in Texas: Dallas and Houston. They predict no change in housing inventory, a strong employment outlook; only 4.53% on home loans now in overdue status.

Our own North Texas Real Estate Information System shows an increased average price and price per square foot in 2007 over 2006 in: Coppell, Frisco, Southlake, Flower Mound, Grapevine, Plano, Trophy Club. The entire north Texas area showed a 3% increase in price per square foot sold in 2007 over 2006, and 4% increase in average price.

Remember our favorite saying: REAL ESTATE IS LIKE THE WEATHER! The national average temperature doesn't matter at all to you when you wake up each day!

It's a great time to buy and sell in Texas!