info@buildgreystone.com

Dallas, TX

Forbes nominated Dallas as “One of the 10 best to invest for housing in 2016”.  Entrepreneur.com said, “Dallas is the best US market to get rich from Real Estate”. Zillow names Dallas “Top Three contender for Hottest Housing Market for 2016”

In the past decade, the Dallas Fort Worth MSA has catapulted to 4th largest in the US, while construction of single-family homes is currently still below its 2005 peak. With DFW’s high demand for housing stemming from its robust population growth, now is a great time to invest in new single-family homes for solid capital appreciation, as real estate prices are projected to continue to appreciate.

Metro Study has reported new home starts below $200,000 have dropped while homes between $200,000 and $250,000 have shown a diminishing supply meaning new inventory will be absorbed quickly.

Historically, DFW has had significantly higher renter population than the broader United States. Since the recession in 2008 homeownership has fallen and is not expected to rise back to 2005 levels. The combination of robust population growth and low homeownership rate will sustain strong demand for rental homes for the foreseeable future leading to higher rents and returns for investors.

Underpinning strong inbound migration is buoyant employment opportunities.

  • More than 110,000 new jobs added to the market (CareerBuilder)
  • Over 400,000 technology jobs currently held in key sectors such as Biomedical Engineering, Medical Science, and System Software Development
  • Unemployment currently at 3.8%, employment growth reinforced by a corporate tax regime that is highly attractive to business.
  • Recent Corporate HQ relocations: Toyota, Comerica, and AT&T
  • 3rd highest concentration of Fortune 500 Companies in the US
  • 7 out of 10 top privately held Forbes list companies situated in DFW
  • DFW has US biggest inland logistical hub accommodating distribution points for organizations such as BMW, Amazon, and HCL Technologies
  • DFW growing and diverse economy gives investors stability in their investment which limits risk and gives the optimal potential for high risk-adjusted returns.

 

 

Stat

Stat Date

Resource/Link

Total Population

7,102,796

07/2015

Population Growth 2014 to 2015

2.1%

07 2014-07 2015

Population Growth 2010 to 2015

10.1%

07 2010-07 2015

Median Age

34.2

2013

Unemployment

3.80%

01 2016

Per Capita Personal Income

$49,506

01 2014

Median Home Price

$232,800

2H 2015

Annual Median Home Price Growth

8.80%

4Q 2015

Contact Information
Corporate Office
2800 Livernois Rd., Ste. D220
Troy, MI  48083
t. +1.586.482.8156
f. +1.586.482.8159
info@buildgreystone.com

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We are committed to ensuring a legacy of integrity and value by building quality homes and communities for customers, enriching our investors through long-term wealth building strategies and sharing success with our employees. Greystone is dedicated to offering our customers superior products and services and to adding value for our investors through out expertise, innovation, foresight, and reliability.

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