Wednesday April 9, 2014
The housing market in Desoto is bouncing back amid low unemployment rates, strong population and job growth. A survey conducted by Realtor.com ranks Desoto #4 as the nation’s leading housing market in 2014. Location, affordability, inventory, steady employment and time on the market were all factors taken into account to determine the top housing markets. The boost in the housing market can be attributed to a lot of first time homebuyers. According to Steve Berkowitz, CEO of Move Inc. and operator of realtor.com, “In transitioning from renters to owners, new buyers pay property taxes and other fees and taxes associated with homeownership that benefit local schools and services.”
Altura Homes has a community for first time homebuyers as well as those in the market to purchase a new home in Desoto. Sheridan Parc and Summer Meadow are two Desoto area neighborhoods with single-family homes ideal for singles, couples and families. Prices in Summer Meadow start from the $150’s and Sheridan Parc homes begin in the $180’s. This falls right in line with the median listing price of homes in Desoto is $175,000. The total number of listings is over 8,433 with a median listing time of 67 days.
Altura Homes is the clear production homebuilder to build your family-friendly home. We’re ranked as one of the top Texas homebuilders. We’re glad to see the housing market taking a turn for the better and will continue to build the future of new homes in Desoto one customer at a time. Contact Kimberly Cockrell at 214-991-6198 for more information about the Sheridan Parc and Summer Meadow communities.