Dallas listed among improving housing markets
Notable property sales increases and rising house values have helped Dallas become a popular investment option for those interested in buying a new home. The National Association of Home Builders (NAHB) notes that this metro displayed economic growth in June, as more people considered purchasing homes for sale in Dallas.
The city earned a spot on the NAHB/First American Improving Markets Index, which identifies metros that have shown improvement in housing permits, employment and home prices for at least six consecutive months. Dallas was one of 28 new entrants to this list.
"Though today's IMI reflects a decline in the number of improving markets from May, the list continues to show significant geographic diversity, with 31 states represented and roughly one quarter of all U.S. metros included," said NAHB Chairman Barry Rutenberg, according to a press release.
A rising emphasis toward creating sustainable properties might have contributed to Dallas' inclusion among 80 metros on the June index.
New eco-friendly building projects
The United States Green Building Council (USGBC) created Leadership in Energy and Environmental Design (LEED) certification to help building owners and contractors implement eco-conscious solutions. Practical, measurable green building projects could have a substantial impact on Dallas, as they are becoming more popular across the metro.
Mother Nature Network reports that the AMLI at Escena apartment complex is an example of such efforts. This project was one of the first low-rise, LEED-certified multifamily buildings built in the Lone Star State, and could raise the bar for contractors.
Nate Kredich, the USGBC's Vice President of Residential Market Development, told the news source that this accomplishment represents a significant milestone.
"There are green homes, and then there are LEED homes," Kredich said. "LEED for Homes is moving the residential market further and faster towards high-performing, healthy homes that save residents money."
While this apartment complex showcases the value of LEED certification, current Dallas residents might consider making improvements to make their properties more appealing on the real estate market. Green renovations may help properties stand out in the marketplace, as sellers may receive multiple bids from environmentally conscious buyers.
For example, a simple change such as equipping a property with light-emitting diode (LED) bulbs might help save homeowners money and draw more buyers.
Consider the advantages of going green when buying or selling a home in Dallas. Properties are available throughout the metro, and eco-friendly features might help raise the value of these houses to both parties.