After looking up the December home sales statistics for Eagle Ranch Estates Fort Worth, I can see that this neighborhood is doing about average for home inventories in Fort Worth and surrounding areas!  As you can see in the chart below, the neighborhood has a bit of a mixed market.  Considering the availability of the First Time Home Buyer Tax Credit last year, and extended into this year, I am surprised to see that the $100K to $150K price band is not fairing better here as other similar neighborhood in this price band were seeing some modest reductions in inventory levels.  However, the ripple effect caused by first time home buyers and produced by those sellers that in turn are trading up, does seem to have positively impacted the next two higher price bands.  Here you can see these price bands are situated in the a "balance market".  Overall, this is good news for the Eagle Ranch neighborhood as well as other Fort Worth neighborhoods in the surrounding area. It's uncertain whether this improvement will sustain itself in the following months.  However, with the $6500-$8000 Home Buyer Tax Credit available to First Time Home Buyers and existing homeowners, it is my opinion that demand will continue to positively impact supply gradually decreasing inventory levels during the next six months of 2010. 

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