Dallas' Best Neighborhoods For Luxury Home Buyers in 2015
Posted by Kenneth G. Cox on
Along with scores of first-time home buyers looking to test the waters of home ownership in 2015, luxury home buyers are also expected to play a very active role in this year’s real estate market across the country, and that certainly includes the DFW region.
In general, increased demand and low mortgage rates are helping breathe live into the luxury market, and a somewhat limited inventory is helping boost home prices, which are up roughly 6% from 2013. Additionally, according to the Texas Association of Realtors, sales of homes priced at $1 million and above increased by 15% in 2014, with North Texas seeing the second highest luxury home sales increase in the state at a 26% hike from the year prior.
So whether you’re looking to buy immediately or…
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