2025 Dallas Fort Worth, TX Real Estate Market Housing Forecast
Posted by Kenneth G. Cox on
2025 Real Estate Forecast: Insights for Dallas-Fort Worth Housing Market
As 2025 approaches, the Dallas-Fort Worth (DFW) housing market continues to thrive as one of the nation’s most vibrant and competitive markets. With a dynamic blend of economic growth, corporate relocations, and diverse housing options, areas like Dallas, Fort Worth, Grapevine, McKinney, Plano, and Rockwall are set to see unique opportunities for buyers and sellers alike. Here's what to expect in the year ahead.
Interest Rates and Affordability
Mortgage interest rates are projected to stabilize, averaging 6-7% for 30-year fixed loans. While this is higher than historical lows, DFW’s strong job market and relative affordability compared to coastal cities continue to attract…
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Home Builders in Dallas Fort Worth, TX are offering some incredible home buyer incentives to close out 2024 moving into the new year in 2025. Below are just a few examples home buyers can cash in on new home builder incentives including rate buy downs, prepaid closing costs, free technology upgrades (smart doorbells, switches, door locks, smart home devices, smart thermostat), waiver on premium lots (larger lot, cul-de-sac lot, corner lot), free upgrades (granite counters, stainless steel appliances, hardwood floors, extended patios/garages, swimming pools, media room), prepaid Association HOA dues, lender credit toward closing costs and rate buydowns, and more.
A recent WalletHub study has spotlighted the top real estate markets for 2024, with Texas cities making a significant impact. The Dallas-Fort Worth area stands out, with McKinney and Frisco leading the list, celebrated for their booming job markets, top-rated schools, and lively communities. Denton, recognized for its vibrant arts scene and strategic location near major urban centers, and Allen, known for its family-friendly neighborhoods and thriving retail sector, also earned top rankings.
The North Texas, Dallas-Fort Worth (DFW) region has long been a hotbed for real estate activity, with its vibrant economy, job opportunities, and quality of life attracting both local residents and newcomers. The 2023 real estate market in this region continues to flourish despite rising mortgage interest rates that are averaging around 6.75-7.00%, with four of its cities ranking among the top 10 real estate markets in the country according to a recent WalletHub Study, 2023’s Best Real Estate Markets. These cities are McKinney, Frisco, Denton, and Allen, each offering unique characteristics that contribute to their real estate success.
Carrollton, TX continues to grow and offer new housing options including luxury homes, townhomes, condos and apartments. Carrollton is known for its beautiful homes and affluent neighborhoods. With a median home value of $350,000, it is no surprise that some of the most luxurious and expensive homes in the Far North Dallas area are found here.
Frisco, TX is on fire and quickly rising to one of the hottest places to live in North Texas with plans to host the 58th AMC Awards hosted by Dolly Parton and Garth Brooks on May 12, 2023 at the Ford Center in Frisco, build the new Universal Studios theme park and open the new Omni PGA Frisco Golf Resort on May 2, 2023.