Dallas Home Prices Continue to Rise

Image from here

The Dallas Morning News featured a great article today that announced that Dallas home values rose more than 4% from January of 2009 to January 2010. The value comes from the Standard & Poor/Case-Shiller index, which tracks typical single-family home prices in 20 metropolitan cities across the United States. January marks the third straight month of increasing Dallas home values and Dallas has seen the third-largest prices gain of the 20 cities tracked.

This is great news for DFW and the housing industry! We are truly fortunate to live in this area and we can fully expect to see things continue to pick up and improve. This risein home values coupled with the relocation and job growth will continue to make Dallas/Fort Worth a great place to live, work, and play.

Read the article here.

This Happy News Brought To You By:
Newport Homebuilders
www.newporthomebuilders.com
469.854.6640

Deep in the Heart of Texas

Yesterday the Fort Worth Star Telegram featured an article that had some great news about our DFW metroplex. In spite of the downturn and recession of the national economy, Dallas-Fort Worth led the nation in population growth for the 12 months that ended July 1, 2009 according to recently released census estimates. People come to where the jobs are and that is in Texas.

Image from here

This is great news for our market and is one of the reasons that our property values have held relatively stable and that our inventory supply levels have stayed relatively low. Relocation will continue to lead to stability and growth in the DFW market. We will see job creation which will lead to higher consumption and thus stimulation of our local economy.

Our state unemployment rate is lower than the national rate (8.2% by December compared to 10%), our housing market is more stable, and our economy is very diverse. Texas is most definitely the place to be! With all these people relocating to our state, now is a great time to invest and get the best rate and pricing on a new home, since we know that when demand increases, so does the price!

Click here for a link to the article.

This Happy News Brought To You By:
Newport Homebuilders
www.newporthomebuilders.com
469.854.6640

Mark Your Calendars for Southlake Green Day

This Saturday, Southlake is having its Southlake Green Day from 10 until 5. It promises to be a great event with speakers, green presentations, educational booths, giveaways, and more. Learn how to be a better steward of the earth's valuable resources and learn how to save yourself money while doing it! The keynote speaker of the event is none other than the Dirt Doctor, Howard Garrett, who is the area’s premier organic gardening/landscaping expert and host of a weekly radio show on 660AM K-SKY.

To learn more about this great event, please visit:

http://www.southlakegreenday.com/News_and_Events.html

This Happy News Brought To You By:
Newport Homebuilders
www.newporthomebuilders.com
469.854.6640

Alert! Alert!

COLD WEATHER ALERT!!

Make sure to prepare for upcoming cold weather with these suggestions taken from Calloway's Callie's Garden Notes:

1. Cover all tender plants with Frost Cloth.

2. Water all your plants before the cold weather hits, because a dry plant will suffer more damage.

3. Make sure you do not use plastic to cover your plants, because it will cause a burn on them.

4. Make sure your flower beds and plants are mulched well to keep plant roots insulated.

Make sure to do these things as we are supposed to dip into the lower 30's over the next few days. View the weekend weather report here: http://tinyurl.com/yghtap9

Happy cold weather proofing! :)

This Happy News Brought To You By:
Newport Homebuilders
www.newporthomebuilders.com
469.854.6640