While Houston was the market in Texas that garnered the most attention in recent years for being the hottest market around, it wasn’t the only star of the show in the Lone Star state—not by far! Texas has been home to several real estate champions: Houston, Austin, and, you guessed it: Dallas.
All three cities rank in the top five real estate markets in the nation, and Dallas actually ranks ninth in the world for investments. It’s not just a seller’s market, it’s a landlord’s marke, and many real estate professionals are calling DFW one of the hottest real estate markets seen in decades.
Naturally, that’s not the full story. There are a lot of questions left unanswered about Dallas’s real estate market. How big was the impact of the oil crash? What’s the economic landscape like? Where’s the trajectory headed? What’s the long-term outlook for investors? Are rapidly increasing property prices creating a bubble?
What is the best course of action for investors who want to strike on Dallas real estate?