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The Dallas-Fort Worth-Arlington housing market is about as hot as it gets, and there are few signs of it cooling off anytime soon. During the upcoming year, North Texas is projected to have the.
WALTHAM, Mass., Aug. 29, 2018 /PRNewswire/ — This month, Home Value Forecast examines the hot housing market in Dallas/Fort Worth, and how long that trend can last. The Dallas real estate market.
The real estate market is cooling in parts of North Texas according to realtors and experts. Two nice houses side-by-side in Frisco are an example according to, Ebby Halliday Realtor Brian Johnson.
Fort Worth, Texas is home to more than 800,000 people. However, the Fort Worth housing market is better seen as the western half of the Dallas-Fort Worth metroplex, itself home to more than seven million people. The Dallas-Fort Worth area is growing fast, but that’s not the only reason to consider investing here.
North Texas’ housing market isn’t what it used to be. After several years of surging sales and runaway prices, the Dallas-Fort Worth home market is leveling. home listings in the area haven’t seen.
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The competition in the resale market drives many prospective buyers to the new home market, where activity picked up in 2017. Dallas-Fort Worth homebuilders started 33,891 houses in 2017, an increase of 4,488 houses or 15.3 percent above 2016 home starts of 29,403, according to a report from the housing analysis firm of Residential Strategies.
The Dallas-Fort Worth metro continues to expand, driven by healthy fundamentals, strong in- migration, a diversified economy and strong job growth. The metro added over 88,000 jobs year-over-year and as of Q4 2018, it had expanded by 2.8 percent, exceeding the national rate of 1.8 percent.
While they aren’t saying Dallas-Fort Worth’s red hot housing market has slowed, real estate experts say home prices that have grown by leaps and bounds for several years have finally leveled off.
Dallas-Fort Worth’s housing market is on fire, earning the Metroplex a spot on Zillow’s new ranking of the country’s 10 hottest real estate markets in 2019.