October 2007 This is a tough year in Mesquite. Not as bad as many parts around the country but not as good as other areas around the north Texas region. In comparison with last months numbers the monthly sales numbers have moved into a strong negative bracket. Last month the Sales figure in Mesquite was -15% versus last years September, so October is still building on negative sales in a negative way. The good news is hard to find but if you take a close look at listings you see the beginnings of hope for shrinking inventory. Also the average and median price is continuing to drop, good for buyers but not so great for sellers. If we can just get first time home buyers to reenter the market we should start to see the days on market and working inventory start to shrink, that is what sel...
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