The Dallas-Fort Worth area’s housing market is soaring, ranking fourth among the 50 largest U.S. cities and 11th amongst all 212 U.S. metros on Bankrate’s Housing Heat Index. This impressive growth is credited to exceptional job and population growth, placing DFW at the top in Central Texas.
The city ranks third in job growth and sixth in population growth for the most significant markets. In other aspects, DFW ranks eighth in job growth, 37th in population growth, 41st in home price appreciation, 138th in unemployment, 126th in active listings, and 66th in the number of days homes are on the market. With such strong rankings and demand for new residential developments, it’s no wonder that the North Texas housing market is increasingly becoming a prime area for developers and investors.
In comparison, other popular Central Texas markets, like San Antonio, ranked 43rd overall, with Houston at 52nd and Austin at 144th. This highlights the competitive advantage North Texas holds over other areas in the region. As a result, more and more real estate investors, developers, and homebuyers are turning their attention to this lucrative market.
As new residential developments continue to thrive in the Dallas-Fort Worth area, Yee-Haw Development Marketing Group remains at the forefront in guiding clients through the exciting process of investing in property in such a highly sought-after location. Stay informed about the latest news and trends in the North Texas housing market by following our blog [your blog link] and keeping an eye on the state’s official Real Estate developments page at https://www.recenter.tamu.edu/news/newstalk-texas/?Item=29183.