Residential Foreclosures

Residential Foreclosures are Down in Dallas

If you’ve been wary about investing in real estate in Dallas, check out these great tidings from The Dallas Morning News. The number of foreclosure filings for January 2015 is down a full 20% since this time last year. Fewer foreclosures mean great things for real estate investment in Dallas.

With fewer foreclosures come fewer vacancies. With fewer vacancies, come higher property values. In other words, real estate in Dallas is back, and now is the time to invest in residential and commercial real estate.

We’ve always known that, over the long-term, real estate is a winner. With a rising population and a booming economy, the Dallas/Fort Worth area just can’t help but have great property values. Even in the extended economic slump we’ve battled through as a country over the last 6 years, Dallas has continued to thrive and has not seen the drastic lows in property values that other areas in the United States have seen.

As a demonstration of how real estate investment in Dallas has thrived and continues to show increases, 2014 was a record-breaking year for property values. According to experts, we haven’t seen a property boom like this since the 1980s, and this is in a recovering economy after a housing crisis!

As more and more jobs come to the Dallas/Fort Worth area, more individuals and families will want to rent homes in the area, making Dallas the place, and now the time. If you’ve been thinking about investment homes and real estate, you might want to do more than just think on it. You might want to talk to a real estate agent or a real estate investment company for some good advice on where to purchase property and what kind of invest in.