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In the first quarter real estate report recently released from leading online home value site Zillow, it showed the US continued to experience home value declines.  For the ninth consecutive quarter home values fell, declining 14.2 percent from a year ago in year-over-year home values (YoY).

There was good news for our local market, according to Zillow, home values in Fort Worth increased 14% in the first quarter of 2009, compared to the first quarter of 2008.  Other local highlights, Colleyville, Texas with a +15.5% year-over-year gain, Keller, Texas +14.4% (YoY),  and North Richland Hills +15.8% (YoY).

Click cities below for a complete listing of homes available for sale in the MLS.
Southlake
Colleyville
Grapevine
Keller

Note, first quarter results for the cities of Southlake and Grapevine were not provided by Zillow.

Posted in City of Colleyville, City of Fort Worth, City of Keller, City of N. Richland Hills, City of Trophy Club, Market Updates by MBYRealtyGroup : June 1, 2009 - 1:25pm

One Response to “Real Estate Market Trends in Fort Worth, Opposite of US”

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