We are entering a new world with the mountain of student debt in our society. I have a client that is 59 years old with a $200,000.00 student loan. The debt is strangling the Millennial, making it
Dallas Will Be The Hottest And Most Affordable US Market In 2019
Home construction is slowing nationally , causing a shortage of housing inventory. The shortage has caused home prices rise significantly, resulting in the lowest point of home affordability in a decade.
DFW is bucking that trend. Even with a slowdown of housing starts in DFW, we are still ahead of any other major US market. Because Builders over projected the number of people moving to DFW, we currently have an excess of speculative, inventory, New Built Homes. Today builders are focused on moving those excess homes. To do that, Builders are offering amazing buyer incentives from closing cost, blinds, appliances and more. This is a great time to buy a new home in DFW.
DFW is also number one among the top 100 US metros in overall affordability. When comparing other metros with DFW, you will find that the median home price in Dallas is $201,000.00 where as the national average is $240,000.00. When you add no state income tax, lower gas prices and lower living expenses with Builder incentives, DFW is the most desirable and affordable real estate market for families in America.
Dallas will not only be the hottest major real estate market in America in 2019, it will also be the most affordable.
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Dallas alone grew its millennial population more than any other city in the U.S., a new analysis of Census Bureau data shows.Personal finance website SmartAsset analyzed net migration rates and