Housing market improving in the Dallas-Fort Worth metro area
Homes for sale in Dallas have experienced tough over the past few years. The Dallas Morning News reported that housing starts fell by over 70 percent during the real estate recession that plagued much of the United States toward the end of the 2000s. However, encouraging new figures are showing that the housing market in the Dallas-Fort Worth metro area is improving.
The news source claimed home starts in the cities rose by 22 percent in the second quarter of 2012 when compared to the same quarter in 2011. The influx of new homes has caused buyers to snatch up available properties, which in turn has made the market incredibly competitive. The Star-Telegram reported that two houses near Texas Christian University received five offers each after a single day on the market.
When you consider relocation to Dallas, you might want to start your search immediately. As 2012 moves on, the summer and fall buying season will pick up, and available homes will be taken off the market.
"The right house on the right street won't last a day," said Marshall Boyd, a real estate expert in the Dallas Fort-Worth area, according to the news source.