Dallas, Texas a strong real estate community still holds sturdy and is extremely resilient despite the media. Experts credit much of the growth in the South to relatively strong local economies and housing prices that are among the most affordable in the U.S. As a result of the numerous job opportunities and the affordable standard of living in North Texas it has made Dallas a target area to live in. Strong companies housing their headquarter in Dallas such as AT&T, Comerica Bank, Texas Instrument, EDS, Dr.Pepper, Frito Lay, Neiman Marcus and American Airlines, just to name a few has provided thousands of jobs for our local economy. With all the media chaos from what you read and hear on the internet, the radio and the television, that the real estate market has really plummeted, this is very untrue to Dallas. Our steady appreciation over the years has been the main factor that has saved our economy in Dallas to not fail like that of the West Coast and the East Coast. For example, a typical home bought 5-10 years ago in California for $400,000 immediately appreciated within a 6-12 month period of 100%! Whereas in the steady yet stable market of Texas our average price of $180,000 would slowly appreciate to $200,000 after three years. Regardless of how slow it took us to actually make some money on our real estate this has also enable us to see a very small decline if at all in our home prices. How can you possibly lose something you never had? Dallas-Fort Worth added more than 162,000 residents between July 2006 and July 2007, more than any other metro area according to the Census Bureau. Dallas was ranked on Yahoo real estate in June 2008 one of the top 10 cities holding strong in the real estate market. A few years ago we would complain and fuss about the real estate opportunities in California or Florida but now us Texans can truly kick our feet up and not worry about losing money when we’re selling our homes.
So with the strong job opportunities and the powerful real estate market Dallas, Texas is a phenomenal place to live and raise a family. So come out to the Dallas metroplex and come enjoy our shopping, eating, entertainment and the largest State Fair around! There’s so much to do and so much to see and if you choose not to do anything you can still thoroughly enjoy the warm fall weather in Texas! Even if you don’t choose Dallas as a place to live come visit it will be a place ya’ll never forget!
Catherine Nguyen was born and raised in Dallas, Texas and is a licensed real estate agent. Ms. Nguyen specializes in Dallas real estate

