TX: Dallas Real Estate Market Improved in 2010

Gay Dallas Real EstateWhile home prices plummeted throughout most of the country last year, people moving to the Dallas-Fort Worth area enjoyed improved real estate values.

According to a study conducted by the Real Estate Center at Texas A&M University, prices for nondistressed homes increased 1.2 percent on a per-square-foot basis compared to 2009, while the value of distressed properties increased 2.51 percent.

The analysis was performed on two levels, as the center compared the annual median price per square foot of distressed versus nondistressed sales across the entire Dallas-Fort Worth area. The second analysis divided distressed and nondistressed sales into geographic locations based on the total number of foreclosure sales in the area.

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