Dallas-Ft. Worth, TX Real Estate Blog - Dallas real estate market

Housing Inventory Dramatically Low Around DFW

Posted by Kenneth G. Cox on April 18th, 2015

Although a normal, or “balanced”, real estate market typically has about a six-month supply of inventory available, the red hot DFW real estate market has resulted in a pretty substantial housing shortage in many Dallas-area neighborhoods, with some parts of the city having less than a two-month supply of homes available to purchase.

It’s no secret that market conditions fluctuate, and it’s not all the uncommon for inventory to drop every now and then. But with major companies expanding or moving to North Texas like GM, State Farm, Toyota, and Liberty Mutual Insurance, job growth is on the rise with fewer places for incoming residents to live.

According to some statistics, Dallas-area neighborhoods and cities with the lowest inventory include The Colony,…

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The Hottest Dallas-Fort Worth Neighborhoods in 2015

Posted by Kenneth G. Cox on February 8th, 2015

As we’ve previously alluded to on several different occasions, the real estate market in 2015 looks to be very bright, especially here in the Dallas-Fort Worth area. Inventory should be up and affordability is going to be a key factor due to a wave of home buyers expected to enter home ownership for the very first time.

Over the last 12 to 18 months, we’ve certainly seen more home buyers ditch the suburbs in favor of a more efficient, city-living lifestyle, and in 2015, that trend will continue to some degree, but on a slightly lesser scale. This year, home buyers are still leaning towards that convenient urban model, but instead might look in other parts of the DFW metro area that haven’t jumped in value over the last couple years.

The dramatic…

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Dallas, Texas Ranks Best City For New Jobs in U.S. by Forbes Magazine

Posted by Kenneth G. Cox on March 21st, 2013

Dallas, Texas has recently been in the spotlight as the best city for good jobs. Unemployment has been falling since 2010 and job growth increased 2.1%. Projections for the next 6 years indicate that Dallas will be adding 2.8% more jobs per year. Thus 300,000 more jobs will be added to the increasingly vibrant Dallas economy by 2019. This will have a considerable impact for the Dallas real estate market and will increase the demand for homes in Dallas.

The strength of the Dallas economy can be attributed to a large degree to its diversification. Dallas's economy is quite strong in terms of its financial services, energy, health care and defense sectors. Bell Helicopter and Lockheed Martin both have large manufacturing operations in Dallas, the latter…

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