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!