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Will Dallas Fort Worth’s real estate market grow again in 2025? Predicting the real estate market is tricky, but there are reasons why I believe DFW is primed for continued growth in 2025. Let me break down the key factors that will shape DFW’s growth moving into next year.
1. Job market and economic climate. The lack of a state income tax is a big advantage for DFW. The only downside is that property values have risen significantly over the past four years, which has made it harder for people to buy homes and maintain the quality of life they had a few years ago.
As a result, the job market is cooling off slightly because employers now have to offer higher wages to attract and retain talent. While job growth is still happening, it’s happening at a slower pace compared to previous years. The number of companies looking at DFW is a bit smaller.
2. Affordability and quality of life. DFW is still more affordable than many metro areas across the country, even with rising property values. Housing costs are lower, and the quality of life is higher. The highway system makes getting around easy, with shorter commutes compared to places like California or New Jersey. A 15- to 20-mile drive here is much quicker. Affordable housing, convenient commutes, and a great lifestyle keep DFW appealing.
3. Schools and education. The public schools in both suburban areas and Dallas Fort Worth ISD are excellent, which means children don’t have to go to private schools. This is a huge draw for families who want their children to receive a top-notch education without breaking the bank.
4. Interest rates and market normalization. While we can’t predict the future, we’re seeing a normalization in the market. Buyers are getting used to the current interest rates and are feeling more comfortable with them even if they are higher than before. It’s unlikely rates will drop to 2%-3% without a major economic change, so buyers are adjusting their budgets to account for higher payments. Because of this, the market is steady even though growth may be a bit slower.
So, will DFW’s real estate market grow in 2025? The short answer is yes. The growth may not be as rapid as in the past, but the market remains strong and attractive to both businesses and individuals. If you’re considering moving to DFW or relocating your business here, feel free to call me anytime at (214) 267-9222 or send me an email at SeychelleSells@vanpoole.com.
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