Your home is probably the biggest purchase you will ever make. To make it successful, it is important that you consider the things beyond choosing a real estate agent and keep all the considerations of buying a home in Dallas in mind.
One of the most important things to consider during the home-buying process is the selection of the neighborhood where you want to buy your new home. While the US real estate industry is growing at an unprecedented rate, Dallas remains the primary choice of first-time homebuyers, as well savvy real estate investors due to a number of reasons. Some of these include:
1. Diverse Range of Housing Options
Dallas real estate market offers a diverse range of housing options. From townhouses and condominiums to studio apartments and villas, the Dallas Fort-Worth area has something for every budget. A quick online search will help you get an idea of average property prices. Generally speaking, there are homes in Dallas that sell over $1 million and there are others that cost less than $250,000 and are therefore a perfect choice for those with limited budget. Cities like University Park & Southlake cater to the wealthy and cities like Prosper & Celina offer new homes starting at $275,000.
2. Something for Everyone’s Lifestyle
One of the most unique features of Dallas real estate market is its diverse neighborhoods, each of which has its own unique lifestyle and amenities to offer. From neighborhoods like Coppell and Flower Mound where you can enjoy a peaceful, suburban lifestyle to more lively communities that are perfect for those who desire an ultra-modern lifestyle, you are sure to find the perfect home for your family in Dallas real estate market. Discover new construction homes or master planned communities in Frisco TX, McKinney TX, Prosper TX, Coppell TX or Irving TX which offer homes to suit every lifestyle and budget.
3. Low Mortgage Rates
Although mortgage rates have increased since mid-October, the interest rates for 30-year fixed mortgage are still near a 30-year low. The low interest rates translate into small monthly payments, making it easier and affordable for individuals who have a limited budget to buy a home in Dallas real estate market.
4. Strong Job Market
Dallas is home to many Fortune 100 companies, such as American Airlines, AT&T, FedEx, Liberty Mutual, McKesson , Fidelity, State Farm & Schwab. What’s more Toyota has established their world headquarters in Plano just north of downtown Dallas which has further strengthened the job market. As a result, the Dallas metroplex is an ideal choice for those who seek a perfect balance work-life balance. More than 75 companies have moved to North Texas since 2010. According to the Dallas Chamber of Commerce they’ve created 500,000 new jobs. Dallas has seen a lot of growth in last few years with families relocating to Dallas from all over USA. According to a report, more than 200 people a day are moving to the Dallas-Fort Worth area. Last year the population in D-FW grew by 144,704 — second only to Houston, according to the U.S. Census study. More than half of that increase — almost 80,000 — came from migrants to North Texas.
5. Attractive Pricing
Compared to other cities like New York, Houston, and others, the homes in Dallas are reasonably priced. This means that you buy a home of same square feet area and amenities at a lower price in Dallas real estate market than in other cities. The resale value is pretty good as well so you can be sure that you will get a good return on your real estate investment if you decide to sell your home and move into a new one a few years later.
If you are interested in relocating to our great city of Dallas and need help finding a home, I would appreciate the opportunity to help you. I have lived in Dallas metro area for over 14 years. Since many of my clients are relocation buyers, I have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, I can make this process as comfortable as possible no matter where you are located. If you are ready to buy a home in Dallas, you may search through the listings published on my website and find the perfect home for your family. In addition to this, if you want to learn more about the home-buying process or get some tips and tricks, you may read the articles published on my blog.