Demand for Dallas Homes on the Rise

By
Real Estate Broker/Owner with Prudential Texas Properties

Dallas Rea Estate on RiseOver the past few months, Dallas has seen a substantial increase in new home demand, which is great news for the city and surrounding areas! Currently, new home sales are up 14% from the same time in 2011. Much of this growth has been attributed to an increase of jobs in the metropolitan area and individuals wanting to live within close proximity to their employer. 

In addition, real estate experts are estimating the current lower inventory may result in higher prices as consumer demand is currently higher than the number of properties currently available on the market. To help overcome this, new home developers are working overtime to meet the demand. 

Learn more about home for sale in Dallas. 

Interested in learning more about what homes in Dallas are worth? Take a look at our Dallas Real Estate Market Report. 

Comments (1)

Ki Gray
SkiHomes.com LLC - Aspen, CO
SkiHomes.com - the ultimate snowsport home search!

Great news for Dallas home sellers!  Always like to see improvements going on in the market. :)

Nov 01, 2012 08:32 AM