Dallas Housing Market
Unlike prior years, 2019 will not be full steam ahead for our area’s housing market. Looking ahead, here are four things to watch in the year to come and why they matter:
The Dallas market continues to sizzle, with the median price for single-family homes increasing by about 8 percent in May compared to last year. To paint a bigger picture, prices in North Texas have increased by about 40 percent since the 2009 economic recession, according to a new report from the Dallas Builders Association (DBA)…
Skyrocketing prices and appraisals are good news for Dallas homeowners who want to sell, but what about those who want to buy? According to data just released by Apartment List, 79 percent of Millennials who are renting would prefer to own a home, but cite high prices as the biggest barrier to homeownership. The data,…
Three Texas MSAs are ripe for investors, according to a report from the Home Buying Institute. Markets in Austin, Dallas, and San Antonio are attracting investment at a breakneck pace, putting them in the top 10 best markets to invest in a home out of 100 MSAs. After an analysis by Forbes and Local Market…
There’s no doubt that Dallas-Fort Worth is one of the hottest real estate markets in the U.S. Zillow recently named it No. 3 in the country, noting a 4 percent unemployment rate and solid income growth. Additionally, the Zillow Home Value Forecast predicts the Dallas-Fort Worth median home value will go up by 5.6 percent in 2016. But some housing analysts and mortgage…
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