Dallas’ 75201 ZIP code includes the snazzy Arts District, some of the city’s tallest skyscrapers and a chunk of fashionable Uptown. The area is also ground zero for North Texas mortgage fraud. From 2005 to 2009, more than 13 percent of the home mortgages made in 75201 turned out to be fraudulent, according to a [...]
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D-FW was one of 100 U.S. metropolitan areas that saw improved home prices from a year earlier, the National Association of Realtors said Wednesday. Median home sales prices in the area rose 2.1 percent in the second quarter from the same period the previous year, the Realtors said. That beat the nationwide increase of 1.5 [...]
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The U.S. Senate has approved a plan to extend incentives for first-time home buyers. The plan would give buyers an extra three months to close on their house. Under the current plan buyers had to sign a sales contract by April 30th and have until June 30th to complete the sale to receive up to [...]
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North Texas home sales jumped 18 percent in May, the third month in a row of double-digit annual gains. Local real estate agents sold 7,119 pre-owned single-family homes last month, the highest monthly total so far this year. Through the first five months of 2010, sales of homes through real estate agents’ Multiple Listing Service [...]
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The North Texas home market took a turn for the better in March. Sales of pre-owned homes rose 11 percent from March 2009. And condo sales soared by more than 30 percent. Even more encouraging for the market, median home sales prices increased by 6 percent from a year ago. The upbeat home market data [...]
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