Did you know that the Dallas metro area recently ranked as the “second-fastest metro in the nation?”
What about the fact that, in a single year, Dallas gained over 144,000 people?
Dallas is even one of the top 10 largest cities in the United States!
The takeaway here?
If you’re looking to sell your Dallas home quickly, and for cash, there is no time like the present.
Here, we’re telling you the latest home real estate trends in Dallas that can help you to sell your home in no time!
With facts and trends like these, you won’t need to do any cleaning or renovations in your home to make it attractive to the home real estate market. Because it’s in Dallas, it’s already a gem!
Trend 1: The Market Is Still Insanely Hot
If you think people will soon stop buying Dallas home real estate, you’re wrong! In fact, recent studies show that Dallas is the third hottest market in the nation.
In fact, Dallas was recently declared the best housing market of 2017, with prices expected to rise over 30% by the year 2020.
Maybe you’ve heard some rumors about the market cooling off in recent months, but they’re exactly that – just rumors.
The reality is though, that the real estate bubble in Dallas will eventually burst.
That’s why more people than ever are buying now before prices go through the roof.
Trend 2: Construction Will Still Be Booming
Yes, it’s true – construction is still on the rise for Dallas. In fact, new homes are still cropping up nearly every day in Dallas.
For example, recent statistics show that Dallas will construct about 30,000 new homes this year! That’s even more homes than Houston.
This proves that the market is certainly still growing, and more people want to move to Dallas. This makes selling your home for a cash buyer, who either wants to move into it themselves or flip it for a profit, a great and smart option.
Trend 3: The Strong Economy Will Influence Real Estate
You probably already know that a strong economy is one of the most influential home real estate factors.
The good news for the Dallas market? The economy is doing extremely well!
The unemployment rate in Dallas continues to fall, meaning that more and more people are relocating to Dallas in order to find work. Of course, that means they’re also looking for places to live!
They may even need to move quickly to accept a sudden job offer – making cash offers even more popular in the Dallas market.
More companies are beginning to move their factories to Dallas – which will mean even more jobs in the city.
Trend 4: Millennials Are Moving To Dallas
Believe it or not, millennials are having a huge impact on the Dallas home real estate market.
(As mentioned earlier, Dallas’ amazing current job market probably has a lot to do with it.)
The millennial influx has led to new restaurant openings, better bike lanes, and even better public transit.
In fact, a recent article stated, “In-migration is the number one industry” in Dallas.
All of these improvements only make the Dallas real estate market sweeter – for any age!
Trend 5: Dallas Schools Are Influencing the Housing Market
Parents will do anything to get their children into the best schools – but it’s not just the great public and private K-12 educations that are impacting the Dallas real estate market!
Major Universities like SMU, TCU, and more are encouraging people of all ages to move to Dallas.
This means that parents of young children are more likely to buy a house, because they know the great schools will make them want to stay in the Dallas area for as long as possible.
In fact, Dallas public high schools have consistently ranked in the lists of some of the top 10 public schools in the United States.
Trend 6: Dallas Is Still Standing Strong Against Oil
If you read the papers, maybe you’ve picked up on some conversations about how dropping oil prices could impact the home real estate market in Dallas.
In reality, this is just fear-mongering.
While certainly, consistently lower oil prices may have an impact on the Dallas housing market if they continue to fall over a few years, for now, the market hasn’t been impacted.
A good sign that the winds are starting to change? The unemployment level will start to rise.
However, as you read earlier, the unemployment rate in Dallas is still wonderfully low. This means that no one is starting to feel the pain of lower oil prices.
Trend 7: Mortgage Rates Are Expected to Stay Low
This is the kind of news that everybody likes to hear! According to recent industry reports, the mortgage rates in Dallas are set to stay low for at least the next year.
These low mortgage rates mean that more people will continue to move to Dallas, and buy homes.
You’re Ready to Take Advantage of the Dallas Home Real Estate Market
If you’re looking to get a cash offer on your Dallas home, there is no time like the present to take advantage of the incredible housing market.
It seems like the strong Dallas real estate market is certainly here to stay. If you’re worried about selling your home though, you’ll need to move quickly before the real estate bubble in the Lone Star State bursts.
So, how can you find a reliable cash buyer that can get cash in your hand in as little as 7 days?
That’s where we come in.
No matter what situation you’re in, we can help.
Start by contacting us to tell us a little bit about your property. Then, we’ll get in touch with you to set up a complimentary meeting, where we’ll give you offers about how to sell your home.
Don’t settle for a low and mediocre home appraisals that prevent you from moving where you want to. Don’t lose tons of money by going with an agent.
Stop putting your dreams on hold.
Spend some time on our website to learn more about the people we’ve helped – and how we can do the same for you!