Dallas Real Estate

Posted by Shirley Seawald on August 15th, 2018

The Dallas real estate marketplace provides a few great profit creating opportunities to all sorts of property investors. Whether you're purchasing your first income property or only adding another one to the portfolio, the Dallas housing market is a superb place to do so as it doesn't get anymore location-oriented than this. Dallas has a strong economy and a constant population increase. As rents go up, Dallas property becomes more lucrative. Purchasing an investment property in Dallas whether it be a single family house or a multifamily apartment can be an investment which may pay some huge advantages in the event that you have done your homework in real estate investing.

Source: Gentry Beach

You have to be knowledgeable about the best places to place your money in real estate, so  you have to do some in-depth research to discover the best neighborhoods in the Dallas real estate housing market. The Dallas real estate Market Forecast and trends for 2018 show that prices and rent rates are rising fast. In accordance with Zillow.com, the median house value in Dallas is 2,300. Dallas home values have become 14.0 percent higher over the last year and Zillow forecasts they'll rise another 12.2 percent within the subsequent year. Dallas housing market predictions for 2018 claim that the Dallas housing market in 2018 is shaping up to keep the trend of the last several years as one of the strongest markets at the US. Despite a few fluctuations, demand and sales have continued to climb at a feverish rate for over 2 years and show no signs of stopping.

Source: Gentry Beach

The median sale price for a home in Dallas Fort Worth rose 6.31 percent from 6,100 in November 2016 to 1,000 in November 2017, according to the latest data from the Texas A&M Real Estate Center. This is higher in relation to the Dallas Fort Worth Metro value of 0.4 and also lower in relation to the national value of 1.6. The proportion of delinquent mortgages at Dallas is 1.3 percent, which is less than the national value of 1.6 percent. There is also some trouble in the Dallas real estate market - with U.S. home values decreasing by more than 20 percent nationally from their peak in the year 2007 until late 2011, many homeowners are now under water on their mortgages, meaning that they owe more than their home is worth.

Source: Gentry Beach