Dallas Real Estate Market

Dallas is a melting pot with a dynamic mix of diversity and first class attractions that make Dallas a world-class city. Dallas has more excellent restaurants than any other city in the U.S. and possibly the world. It is the most affordable metropolitan city in the United States for buying a home. Dallas, Texas real estate offers homes in any price range for anyone that wants to take advantage of Dallas’ vibrant society and beautiful surroundings.

The main Dallas airport, commonly called "DFW" because it services both Dallas and Ft Worth, as well as the many cities in the Dallas Metroplex, is one of the largest airports in the world. It is a popular international destination and a "hub" for many airlines. Dallas is the ninth-largest city in the U.S., and together , the Dallas/Fort Worth metropolitan area is the eighth larges in the U.S. with more than five million people and is ranked among the nation’s “100 most Ethnically Diverse Communities.”

A search for homes in the Dallas area can include everything from low cost starter homes to multi-million dollar palatial mansions. The average home cost is $153,800 and the wide variety of housing and architectural styles available makes Dallas very attractive to newcomer. As well as the rapid transit system called DART for Dallas Area Rapid Transit. The Cost of Living Index compiled by ACCRA, a national organization dedicated to economic development shows the cost of housing in the Dallas Metroplex is lower than eleven major cities in the U.S. with only Raleigh NC coming in a close second.

The famous Dallas Arts District in downtown Dallas was conceived in 1978 to revitalize a downtown neighborhood and is now home to some of the most respected world-class theaters, galleries, museums, and art collections with the centerpiece being the Dallas Museum of Art. Currently under development is the Dallas Center for the Performing Arts which is anticipated to be one of the finest performing arts centers in the world and will attract the world’s most renowned performing artists.

Downtown Dallas is home to big business and used to be a dead zone after the sun went down. Now, residential conversions and new high rise residential towers has converted downtown Dallas to urban living for a number of people, from those who desire a fast-paced hip lifestyle near all the action to recent retirees and empty nesters who want all the fun and freedom that a high-rise with a concierge, round the clock security and a convenient location can afford. Predictions are the downtown population will more than double in the next five years.

The Trinity River Project , a city funded public works project will make the Trinity River Corridor the largest urban park in the United States and will include an equestrian center, lakes, trails, sports fields, nature centers and other recreational facilities.

Dallas Metroplex is home to the world champion Dallas Cowboys, the world champion Mavericks basketball team, the world champion Stars Hockey team, the Texas Rangers baseball team, the Texas Motor Speedway for NASCAR racing and “Six Flags Over Texas.” Dallas is also home to some of the finest shopping in the nation with it’s Northpark Mall, Galleria, and numerous Malls throughout the Dallas Metroplex. It is known as a “Shoppers Paradise” for those that enjoy shopping.

Dallas is also the home of the University of Texas Southwestern Medical Center, a teaching hospital, with some of the finest doctors in the country and probably the world and the Southern Methodist University, SMU, among the best schools in the country.

There is much history to be proud of in Dallas. Footballs Dallas Cowboys started their march to fame in the 1960s, as did entrepreneurs the likes of Ross Perot, the Mary Kay networking empire, the Dallas Market Center, and Six Flags over Texas, which opened in nearby Arlington.

Fortune Magazine named Dallas/Ft Worth the number 1 business center in the U.S. and is one of the leading convention destinations in the U.S. due to the world-class accommodations and restaurants as well as an endless variety of entertainment and recreational opportunities, including the Dallas Arts District and West End Historic District. A typical notation saying, "I wasn´t born in Texas, but I got here as soon as I could" perhaps says it all for many newcomers to the Dallas Metroplex community. Dallas real estate is, in my opinion as a previous owner of two real estate offices in So. California, is the best place overall for living, schooling your children, and just enjoying the lifestyle. The people are also friendlier in Dallas than other parts of the country.

If you intend making the Dallas Metroplex your home, I would recommend adding a freezer to your important appliances. I love to buy Angus Porterhouse at $6.99 or $7.99 a pound on sale when I remember it costing in the $18.00 a pound range in California. I also did a data comparison of income versus home cost between Encinitas California and Dallas and found a person in Dallas earning $68,000 a year lived in a home costing in the $200.000 range, while the individual in Encinitas earning $68,000 annually lived in a home valued at $695,000 at the time of the comparison.

I sold a home to a family from California that was sending two children to private school that could instead buy a castle in Dallas for the same monthly out-of-pocket. They instead live in a gorgeous home and send their children to the local top rated local schools.  Texas is serious about their children’s education and do something about it.

My husband has studied real estate demographics and statistics for many years comparing the living advantages in the Dallas Metroplex with other areas of the United States and Dallas is a resounding #1.

For the best deals on Dallas Real Estate, deals from bank foreclosure properties, and new homes in Plano, Frisco, Allen, and Murphy Contact Joan Severson Today:  Tel: 972.588.8588