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947 - Dallas Real Estate Market: Prices & Trends In 2023 by Dave Meyer

947 - Dallas Real Estate Market: Prices & Trends In 2023 by Dave Meyer

FromBiggerPockets Daily


947 - Dallas Real Estate Market: Prices & Trends In 2023 by Dave Meyer

FromBiggerPockets Daily

ratings:
Length:
8 minutes
Released:
May 19, 2023
Format:
Podcast episode

Description

Dallas, Texas, is one of the fastest-growing metropolitan areas in the country, with a large, diversified, and growing economy. With home prices below the national average and solid cash flow potential, Dallas has many traits that support favorable long-term conditions for real estate investors. 
Population and Labor Market
Located in Northeast Texas, the Dallas metropolitan area is actually composed of two large cities and one small city: Dallas and Fort Worth, and then the smaller city of Arlington that lies between them. Combined, the Dallas metropolitan area has a population that is growing well above the national average. The median age of residents in Dallas is just under 33 years old, which is right around the peak homebuying and household formation age—which indicates strong and sustainable demand for housing in the region. 
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Released:
May 19, 2023
Format:
Podcast episode

Titles in the series (100)

BiggerPockets Daily takes the real estate investing wisdom contained in tens of thousands of BiggerPockets Blog articles and converts it into a convenient daily audio experience... because you can't have your face in a screen while you're out there living your busy life. Rental properties, house flipping, wholesaling... it's all here. And unlike other daily podcasts, the information is timeless – so you can learn on your timeline. Skip episodes, take a break, then binge and catch up. Or just make us a part of your daily routine!