Dallas, Texas (WiredPRNews.com – Press Release) – The sluggish economy, weakening dollar and soaring oil prices have taken their toll on American in every aspect of their lives. One of the most notable markets that the economy has severely bruised is the real estate market leaving homebuyers scared to purchase, sellers with heaps of debt and unsold properties and Realtors worried about the future.
However, in a recent article published by the Dallas Business Journal, the housing market in the bustling city of Dallas Texas real estate is the strongest of any major city in the US.
The article states, “Home prices in Dallas have avoided the speculative bubble that rapidly drove so much of America’s real estate to record prices and record unsold inventory levels. To this point, home prices in the Dallas area increased a steady 17% over the last five years, while the U.S. averaged an extreme 53.5% increase during the same time period, according to the Office of Federal Housing Enterprise Oversight.”
The Dallas Business Journal highlights many of the factors as to why Dallas has consistently exceeded the housing market in the rest of the country. These factors include economic stability indicators such as favorable zoning regulations and an ample land supply, a hearty job market with impressive income growth, and and ideal physical location, central to both U.S. coasts and Mexico.
Joan Severson, an experienced Dallas real estate specialist, realizes that the state of the economy is enough to scare homebuyers back into renting but invites them to take a look at the positive aspects of buying, selling or investing in Dallas due to the published report.
“Dallas’ land resources and prime location mixed with a healthy job market should be enough to remind buyers that this just the right time and place for your next home,” Severson explains. With 30 years of proven performance and customer satisfaction, Severson wants buyers to take advantage of the nations most stable real estate market and find the home of their dreams.
For more information on Joan Severson and and helpful tips and buyers’ resources, visit Dallas Real Estate Web site today!