Dallas Real Estate Market 2020: Home Prices, Trends, and Investment Opportunities
by Marco Santarelli
R eal estate can be a worthy investment opportunity, if you know the right market. In this arti- cle, our focus will be on the Dallas, Texas, real estate market trends and investment opportunities in 2020. Despite some fluctuations in the market, demand and sales have continued to climb at a feverish pace for more than two years and show no signs of stopping. The Dallas real estate market offers some great profit-generating opportunities to all types of real estate investors. Whether you’re buying your first income proper- ty or just adding another one to your portfolio, the Dallas housing market is a great place to do so as it doesn’t get any more “location” than this. Dallas has a strong economy
and a constant population growth, but is Dallas going to be one of the hottest real estate markets for investors in 2020?
• Three-year appreciation fore- cast of 11.4 percent
DALLAS REAL ESTATE MARKET FORECAST 2020 The Dallas housing market is shap- ing up to continue the trend of the last few years as one of the strongest markets in the United States. According to Zillow.com, the median home value in Dallas is $213,400. Dallas home values have risen by 8.1 percent over the past year and the market forecast is that the prices will continue to rise by 4.5 percent within the next year. This Dallas real estate price appreciation graph by Zillow shows the current home price appreci- ation forecast of 4.5 percent until September 2020.
TOP REASONS TO INVEST IN DALLAS REAL ESTATE
• Population Expected to DOU- BLE in Next 15 Years
• Dallas is one of the leaders in the U.S. for employment and population growth
• 52.9 percent of Dallas rents vs. 33 percent nationally
• Newly remodeled REOs (2004 or newer)
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