Existing home sales up, pent up demand sustaining housing market

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By Tara Steele in Housing News Existing home sales slow in December According to the National Association of Realtors (NAR), existing home sales (completed transactions) slowed by 1.0 percent compared to November, as inventory levels continue to move home prices up, with annual prices rising the most since 2005. Total sales in 2012 were the highest in five years, and …

Good Luck Finding a House! Forbes Ranks Dallas as Third-Fastest Growing City Behind Houston And Austin

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Written by Joanna England Chicago’s not so hot anymore. The huge mid-west MSA didn’t even make the top 20 list of Forbes’ fastest growing American cities! (Photo: John Gress/Reuters) As Candy already mentioned, pre-owned inventory is scary low, which is driving prices up for Dallas properties. Sure, demand means a seller’s market, but what about all of the folks that …