DC: The combined value of housing units in the US is around $26 trillion, more than the combined GDP on the entire European Union. Nationwide prices are expected to increase 4% this year. The real estate industry employs about 1.4% of the working civilian population. 84% of real estate firms are independent, non-franchised companies. Allie Beth Allman and Associates through May has sold 45% of the $1M homes in Dallas County. The firm has 10 of the 13 top sales in Park Cities; 3 of the top 7 in Preston Hollow and North Dallas; and 9 of the top 12 in Turtle Creek/Uptown. The locally owned firm continues as the single office company leader in listings and sales in Dallas county.
Read the July 18th Allmanac for the latest news in Dallas real estate!
July 19, 2014