Stability
Prices in DFW have continued to rise slowly and
steadily for the past several years. Unlike coastal markets that saw double digit home price increases in the first half of the decad and are experiencing significant
depreciation, DFW homes are holding their value. Simply put, there is no bubble to burst in Texas.
Strong Economy
Texas and DFW in particular are outpacing the rest of the country in overall economics. DFW has one of the highest job growth rates in the country and is consistently growing faster than almost every other metropolitan area.
Affordability
DFW is one of the most affordable housing markets in the country. The average home price is DFW is less than $150,000 compared to the national average of nearly $255,000. Both Dallas and Fort Worth are consistently ranked as one of the top cities for both undervalued real estate markets and cost of living.
Great Rental Market
Investment properties in DFW yield the highest rent per invested dollar out of all major metroplexes in the country. Tougher lending standards that limit homebuying along with DFW's strong demographics and economic growth will continue to enhance the demand for rentals. DFW's current vacancy rate for residential rental properties is less than 10% and can be reduced with effective property management.
Here are a few articles/ links that highlight the investment opportunites in DFW:
CNN Money article on best real estate markets
Fastest growing cities in the US- Fort Worth is #1
www.dfwhousingfacts.com is a great source of information on the DFW market.
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