Terry Berry

RE/MAX Town & Country
301 S. Watters Rd. #100
Allen, TX 75013

Cell: (469) 853-7983

Terry@TerryBerrySold.com

 

Lucas Texas Luxury Home Market Changes – Picking Up Speed!

The market for luxury homes is gaining steam thanks partly to great gains in the stock market, and the Lucas Texas Luxury Home Market is no exception.

Dallas Mansion - Lucas texas Luxury Home

According to this article about the luxury home market from CNN Fortune:

Sales of homes priced at $1 million or above in the U.S. rose 31% to 8,900 units in October from the same month a year earlier, according to the NAR. The gain was higher in September as sales in that price category climbed nearly 40% to 9,000 units from September 2012.

At the same time, tight mortgage underwriting standards are expected to ease somewhat for jumbo mortgage borrowers. “This should help keep the luxury housing market moving in 2014,” he says.

Changes in the luxury home market may be confusing, and you may not know what is the right move to make. Please feel free to email me directly thru the contact link or call me at the number listed with any questions you may have. I look forward to meeting you and assisting you with all your Lucas Texas Luxury Home needs.

Thank you and see you soon! Please contact me via my website at Terry Berry Sold for more information.