Recent data shows Dallas' office and industrial real estate markets healthy
Those who are exploring the homes for sale in Dallas might be encouraged by recent real estate data.
The Federal Reserve Board's Beige Book showed that Dallas was one of 12 markets that displayed improvements in its residential and commercial real estate markets, according to the Credit Union Times. Additionally, this city's office and industrial real estate markets were healthy, which could play a role in the city's future economic success.
Dallas was home to more than 1.1 million residents in 2010, the U.S. Census Bureau reports. The city is the ninth-largest in the United States, and is considered by some experts to be an excellent place to relocate a business.
In fact, SmartBusiness reports that the city is home to over 8,500 companies because it provides opportunities to help businesses currently and potentially in the future. This area features the Dallas/Fort Worth International Airport, allowing many businesses to easily host clients from across the globe.
The housing market's strength may help Dallas draw new residents and businesses, enabling it to have a sustainable economy.