|
|
Dallas Market
Home » Texas » Dallas Real Estate » Dallas MarketThe Dallas Market has been quite typical so far this year. Dallas real estate is perceived as good value compared to rest of nation, with most listings about 11% under-priced. Foreclosures are up and investment activity has been strong. Job growth is highly expected for the metroplex in 2006. Dallas is seeing more foreclosures from adjustable rate mortgages going up.
Dallas is a very desirable location. Available real estate inventory has come down compared to 2005. Some pockets of the city are in particularly very desirable and command top dollar. The area has seen a more than 10% increase in property values. Properties that are properly priced and updated move quickly and for top dollar. It is still considered a buyers market, but prices are increasing for sellers, advisors say buy now while the rates are still low.
Related Dallas Real Estate Articles