Is it a good time to buy a house in Dallas Texas right now? That is the million dollar question right now it seems. The truth is there are many factors that will play into if there will be a real estate market shift happening in Dallas, and we covered every single one we could think of in this podcast. To make it simple, however, it really comes down to supply and demand. Now there are many factors that have an impact on both the supply and demand sides individually, and this is what we discussed in this podcast.
How will rising interest rates have an impact? Stay tuned… How does the real estate housing market crash of 2008 compare to the potential one here in 2022? The real answer is a resounding “not even close.” There were very specific factors in 2008 that directly led to the housing crash in 2008 that we will never see again.
The Dallas real estate market has always been a top performer, not only in America, but across the entire world. A real estate company based out of London ranked Dallas the 3rd most resilient housing market in the world behind only New York and LA.
The other question is should you rent before buying a house in Dallas? Well, rents are going up in Dallas which is attracting many eager investors – another reason why demand won’t be outdriven by supply. There is one situation where you might want to rent before you buy a house in Dallas which we cover in our conclusion.
