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kathydarrow
Kathy Darrow

Direct: (214) 828-4300

Office: (214) 828-4300



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Coldwell Banker
2010 Skillman St.
Dallas, TX
(214) 828-4300


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How Buying a house in Dallas, Tx is a Smart Idea

If you live Texas or are thinking about buying a house in Dallas, TX and maybe thinking of buying a new home, or you just got married and you are just relocating either way Dallas is actually a good market to buy in. Sales already this year are up 5% for the first quarter. However, the rise of foreclosures did rise 6.5% for the month of March. Though that may not sound too great, only 9% of Texans were in default at all in their mortgage.

Buying a home in any economy is a tough decision. The good news is that buying a home now can save you thousands of dollars. The costs of homes have risen but they still are not up to par with ten years ago. The only obstacle you may face is that you will more than likely have a very difficult time getting a new loan. Another great way to buy a home for cheap is to buy one at auction. Typically at an auction on a foreclosed home, you can purchase it for pennies on the dollar.

The Dallas area is a great location to raise a family. They have a great school district, which of course will add to the value of your home. Dallas also has a lot of parks that you can go running in or play with kids. Whatever your reason for buying a new home, Dallas is a great place to live. Whether you are raising a family or just starting out, Dallas has something for you.

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Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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