Local Market Monitor Classifies Dallas Metro Real Estate Market as “Low Risk”

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May Local Market Montitor Report

We’re in the money, folks. If you have friends, clients, and friends who are clients who were waiting for the right time to buy or upgrade in the Dallas/Plano/Irving area, Local Market Monitor is giving you the green light!

Last month’s report showed that we had low risk in some sectors, but it was nothing Dallas agents hadn’t heard before. This month, however, the Dallas metro area got the green light for investors.

Local Market Monitor forecasts prices to grow four percent in the coming year, which is huge compared to national rates. We definitely have a healthy real estate market, and with the forecasted growth, the time to buy is right now!

Does this report jive with what you’re hearing, agents?

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Joanna England

If Executive Editor Joanna England could house hunt forever, she absolutely would. Instead she covers the North Texas housing market and the economy for CandysDirt.com. While she started out with the Real Estate Center at Texas A&M University, Joanna's work has appeared in The Dallas Morning News as well as several local media outlets. When she's not knitting or hooping, or enjoying White Rock Lake, she's behind the lens of her camera. She lives in East Dallas with her husband, son, and their furry and feathered menagerie.

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