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Forbes on Dallas-Fort Worth: Hottest Housing Markets 2017

04/25/2017

Residences at the Stoneleigh | 2300 Wolf Street, Dallas, TX / Briggs Freeman Sotheby’s International Realty

“Every home buyer wants to make a smart investment,” writes Forbes about its list of 2017 Best Buy Cities—the country’s top 20 hottest housing markets to invest in this year. High on that list? Fort Worth and Dallas. Forbes collaborated with Local Market Monitor, a company that tracks 300-plus metropolitan areas, to determine where home prices, jobs and populations are up — in this case, way up.

Fort Worth’s numbers put it at No. 9 on the list. Its population of almost 2.4 million is up by more than 5 percent in just three years. Job growth? Up more than 2 percent. But it’s the home prices that boggle: Fort Worth’s are up 9 percent, year over year — and are predicted to go up 17 percent in the next three years. At least.

And the hottest investment city? “Dallas dominates,” says Forbes. “The home of Exxon Mobil and the Dallas Cowboys claims the No. 1 ranking. Dallas has an average home price of $233,000. That’s up 3.9 percent from a year ago and underpriced by 3 percent compared to the city’s historic average. Local Market Monitor forecasts prices will increase 31 percent by 2020 thanks in part to 3.9-percent job growth in the past year and 6.2 percent population growth in the last three.”

Populations are up. Jobs are up. That Texas spirit is up. No matter which city you love, the expert agents of Briggs Freeman Sotheby’s International Realty will help you invest smartly in your new home in Fort Worth or Dallas — two of America’s hottest cities by far.

 

President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with offices throughout North Texas: Dallas, Fort Worth Cultural District, Fort Worth-Mira Vista, Uptown, Lakewood, Southlake, The North, Ranch and Land East, Ranch and Land West, and The Ballpark. For all listings, open houses and more — and to explore the top neighborhoods in North Texas — visit briggsfreeman.com.