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Posted almost 15 years ago

Why is Dallas, Texas the best market in the country to buy real estate?

When I made my decision that Cincinnati was clearly in a recession, and too conservative to find any money for investment real estate, I did a lot of research to find out where myself and my clients could be the most successful.

The first key component for moving to Dallas is the size. There are approximately 6 million people in the DFW metroplex. Tie that in with the fact that Dallas has one of the highest foreclosure rates in the country, and you get a very nice balance of houses that need work and end users to buy them.

Dallas has seen a very nice appreciation(about 5%) with no major bubbles inflating or bursting over the last 20 years. Dallas has 4 major sports teams, great entertainment, great food/beverage, great weather, several lakes, etc...

The last key point that I want to point out is that Dallas is growing rapidly. Dallas has a very good job base which hosts several homes for corporate headquarters. Over 150,000 people are moving to Dallas every year.

Supply and demand shows us that more demand and less supply will drive the prices up. DON'T MISS THIS BOAT! We haven't even seen the bottom of the housing market on a national basis yet and once we do, it's going to be an even better time to own real estate in this Dallas market.

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