If the real estate market in Dallas has caught your attention, then probably your mind is flooded with numerous locations in the DFW Metroplex. The wonderful balance of schools, universities, cost of living and neighborhoods make it a perfect place for an executive or luxury home or simply a mere investment. What makes this city so attractive is that it has been ranked as one of the Top Twenty Cities for Real Estate Investment. It shows more signs of owning a home or property being more affordable that just renting it. Expect to find a number of good housing deals in this area of up to nearly 10% lower than its actual cost.
Each area in Dallas offers something unique for everyone including apartments, condos, farmhouses, duplex, etc., but mentioned below are a few that stand out above the rest.
It is considered to be one of the most developed and fastest growing cities in Dallas Fort Worth. A construction of great homes, neighborhoods, schools and one of the largest shopping malls is nearing completion. Nearly 150,000 investors are expected to construct or buy new homes over the next 20 years creating more choices of shopping, entertainment, services and restaurants.
Initially overshadowed by Southlake and Colleyville, Keller recently attained the title of being one of the top places in the Metroplex to invest in real estate. The construction of luxury neighborhoods is underway in Northwest Keller that promises to attract nearly 1,000 investors. The short commute to Fort Worth makes it even more popular for the working community on the west side of Dallas.
The area of Colleyville has more than 150 years of heritage associated to its history. Having undergone numerous transformations, it is one of the most common places to live. It is located in Tarrant County and as per Money Magazine was one of the best places to live. Its centralized location with an assortment of shopping centers and restaurants make it perfect for investment. The median sale price in Colleyville has increased by approximately 2.5% this year. This is a booming period for all investors as older houses are being replaced with vast estate homes and luxury neighborhoods.
Cash flow in Dallas is doing remarkable well and property here is pure value as opposed to a quick sale. You should also take the time to look around Argyle, Trophy Club, Coppell, Highland Village and Grapevine. For those who need variety in the real estate around Dallas, they offer something unique and wonderful.
By Ashlee Pannell: A Dallas Real Estate Broker, With Nu Home Source Realty a Dallas Texas Real Estate Company. We are Home of the 20% Commission rebate to most of our buyers. Ask about our bucks for buyers program. (C) Copyright, Nu Home Source Realty LLC. All rights reserved