Flower Mound area real estate market update 4/2010

The race was on to beat the April 30th deadline to qualify for the various tax rebates and the numbers reflect it.  April sales and pendings were up and  in most areas up 40-60% over last years slow April.  All of the cities in the area are beginning to level out with a normal 4-6 month inventory and homes in the “flow” come into and out of the market in the 30-60 day period.  Priced right homes continue to move in the area.  The thing to watch for in the next few months is the number of new pending sales to see if they match a typical summer season or if perhaps the tax rush brought out some buyers early this year.  If you are considering a move it is not too late to get on interest rates in the 4-5% range.  To see all the homes go to www.flowermound-realestate.net. Check back later this coming week to download my new real estate app and see all the homes for sale on your phone. Very cool!