DFW Remains 2nd Hottest Market Nationally!
The DFW area remains the second hottest market in the nation, behind New York City. Despite the fact that apartment building permits issued in the Dallas-Plano-Irving metro area declined 1.5% during the 12-month period ending in May, according to data released Wednesday from Richardson-based RealPage Inc., a total of 20,191 multi-family home building permits were recorded in the Dallas area. That’s second only to New York-Jersey City, with 30,562.
Here is more proof that North Texas is increasingly becoming the place to be – three Collin County cities were just ranked near the top of WalletHub’s list of the Best Places to be a First-Time Homebuyer.
Frisco, McKinney and Allen ranked 7, 8 and 16, respectively, out of 300 cities across the United States. WalletHub, a personal finance website, compared the cities “across three key dimensions”: affordability, real-estate market and quality of life. On the real estate market factor, WalletHub ranked McKinney as the No. 1 market in the country, with Frisco and Allen following closely behind at 2 and 8, respectively.
Contemplating a move to the DFW area? The Seay Realty Group has served the DFW area for years and we’re eager to help you find your next home. Call us today!
