![]() ![]() Moreover, the National Association of Realtors pegged Dallas as #3 among "markets expected to lead the nation in 2023."ĭallas' real estate supply isn’t going to catch up with demand any time soon. The PwC/Urban Land Institute’s Emerging Trends in Real Estate report for 2022 rates DFW fourth in homebuilding prospects and seventh in overall real estate prospects among American metro areas, classifying it as a “magnet” among the “Super Sun Belt” cities (along with Atlanta, Phoenix, San Antonio and Tampa / St. Indeed, experts expect robust growth to continue making real estate investing in Dallas a promising prospect. (Photo credit: Cooper Neill/Getty Images for Cointreau) In this photo, Emily Arsenau makes a drink during the Cointreau Celebrates the Original Margarita and the Art of La Soiree in Dallas. That said, it’s still a fabulous place for investors - if they know what they’re doing.”ĭallas is known for its frozen margaritas, and generally chill and fun vibe. There will be 95 offers, and the terms are unbelievable. “If you want to buy, you might see 50 houses and make 40 offers and still not have a house. ![]() “When houses are listed, it’s insane,” said Bullard. “There’s only a month’s inventory.”ĭallas real estate is booming, and competition among buyers is keen. “Our prices will still go up,” says real estate broker Robyn Bullard, who has lived in the metroplex for 40 years and been in the business since 2008. NAR points out that less than 23 percent of renters can afford to buy a typical home, pointing to a strong rental market to continue. (Also on the list were Atlanta, Raleigh, San Antonio, and Jacksonville, Florida.) The National Association of Realtors put Dallas at number 3 on its list of 10 housing markets expected to lead the nation in 2023, with prices expected to rise by at least 5 percent, a healthy rate of return for those holding investment property.
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