Rising Sales in Most States !

Rising Sales in Most States, and Rising Prices in Many Metros (at Last!)
by NAR Research Staff

There was good news for most states in the 4th quarter of 2009. Existing-home sales rose from the 3rd to 4th quarter in 48 states and the District of Columbia. In fact, 32 states experienced double-digit quarterly gains. On a year-over-year basis, resales were higher in 49 states and the District, with all but three posting double-digit annual increases.

According to the latest quarterly statistics released by NAR Research, total state existing-home sales, including single-family and condo, jumped 13.9 percent to a seasonally adjusted annual rate of 6.03 million in the fourth quarter - up from 5.29 million in the third quarter. Existing-home sales rose 27.2 percent from their 4th quarter 2008 pace of 4.74 million units. As a further sign of housing market stability, distressed properties accounted for 32 percent of fourth quarter transactions; that is down from

37 percent a year earlier.

The Book Carriage & Coffee Shop

I visited the Book Carriage and Coffee Shop, and it is a warm, friendly shop that has much to offer it's Roanoke residents. If you ever have a chance to visit I highly reccomend it. They offer Children's story time in Saturday's at 1:00, and Bilingual story time on wednesdays at 10:30.

Oak Street Construction Update.

Construction on Oak Street began in January 2009. Scheduled completion date is Spring 2010. See below for the latest information about the Oak Street rehabilitation project. Check back often for the most recent updates!

Construction is currently taking place from Hwy 377 to Byron Nelson and includes waterline and sewer main replacement, underground storm drain and electric.

Oak Street is closed from north of Austin intersection to Houston. All intersections are open to traffic except Travis. All paving is complete, except for one half of the Denton and Houston intersections, and one corner of Travis. AT&T is relocating fiber optic at the intersection of Travis. All street paving should be completed by end of January.

Oncor has installed streetlights from Travis southbound. All sidewalks are complete up to Travis, except for one ramp on the northeast corner of Rusk. Trees and landscaping began last week. All large trees are planted up to Austin; with tree grates and smaller trees remaining to be installed.

TXDOT is in the process of relocating the signal lights at Byron Nelson so the turn lane can be completed.

Detailed construction schedule