We Buy Houses In Dallas Texas. As professional homebuyers in Texas and experts in the Dallas TX real estate market, we get asked this question a lot “Is it still a buyer’s market today in Dallas TX?”. The answer isn’t as simple as yes or no. In our latest post, we will explain the state of the market for buyers in Dallas Texas.
First Off, It Really Depends On The Property Type And Location In Dallas TX
Single-family homes in great locations that are priced well have been flying off the shelves. There’s a lot of demand in the market for certain areas, while others can seem like ghost towns.
Buyers are often looking for the same thing – good neighborhoods, access to transportation, shopping, good schools, close to work, etc. Properties that deliver all these are definitely a hot commodity. Sellers with a highly desirable property are in control of the market.
But for condos and townhouses – especially those a little off the beaten path, or with some funky features – it can be quite a different story. Prices were down in certain areas of Dallas TX, but seem to be rebounding as the rental market increases.
Investment Properties Are In Demand In Texas
The massive amounts of foreign cash flooding in to invest in US real estate have impacted the Dallas TX market in unique ways.
Overall, those people in a position to pay cash for properties have been picking up the good deals in the marketplace.
Lots of sellers are trying out speculative prices just to see if anyone bites, but most investors are walking away from deals that don’t pencil out.
Financing Is Still A Major Obstacle For TX Home Buyers
Banks are being incredibly strict, requiring lots of money down, and even changing their terms at the last minute. It’s not uncommon for approved buyers to get their loans pulled right before closing escrow, although it’s getting better than it was just a couple of years ago.
Overall the markets remain incredibly polarized – there is a lot of action at the very top and the very bottom, with the biggest challenges in the middle.
Sound confusing? It is. But we can help.
Sell My House In Dallas TX
There’s a lot of shakeup in the US economy still taking place, and the markets are moving fast in lots of directions at once.
We’re investing in Dallas TX because we believe in the community and the people here.
If you need to sell your house in Texas fast and just want a quick and effective sale so you can walk away, you can sell it to South Texas Home Investors. We’re professional home buyers and we offer cash for houses in Texas. Just reach out to us or fill out the form on this website so we can quickly look at your situation and make you a fast-fair cash offer on your Dallas TX property.