Dallas One of the Best Places to Buy Real Estate in 2012
Posted June 12th, 2012 | by The Update
Dallas has hit the top of the list as one of the best places to buy real estate this year!
From the Times Online: The 2012 buying and selling season is well underway… Agents are sharing stories of bidding wars in many markets as buyers are getting off the fence, ready to capitalize on still-record low levels of affordability. So is now really a good time to buy? In many markets, yes, and some places are better markets for buyers than others.
Dallas made our list with a high score in the affordability category, home prices are 5 percent below their historical average, even though home values have performed much better than most of the country, falling 15 percent from their peak. Buyers in Dallas also get a good bang for their buck, the median value per square foot in Dallas is $65, compared with $92 for the nation.