Market Watch: Trends & Observations
The Texas market as a whole, but especially the Dallas-Fort Worth real estate market, has been one of the hottest in the United States, and continues to grow.
DFW’s cost of living remains lower than average in a major US city, and the job growth in the past few years has been substantial. Dallas-Fort Worth has added over 100,000 new jobs in the past 12 months with continued relocation activity and growth. Texas has 1,200 people moving here every day. Half of those people are coming to the Dallas-Fort Worth Metroplex.
The suburbs, new-home developments, and population has been growing substantially for over 20 years. We at Provision Capital focus on the Dallas area, and suburb cities that are seeing major growth as well—as we know that Dallas development has always progressed upwards and outwards.
According to MarketWatch, the Dallas-Fort Worth Metroplex leads the nation in new home starts for the 12 month period ending at the mid-year, according to MetroStudy, Inc. That is a 20 percent increase since 2015.
We at Provision Capital strive to consistently monitor the market as adeptly as possible to provide the best investment opportunities for our clients. In doing so, we will use this blog to post updates from our market watch practices and observations we may have.