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Real Estate Investing is Bigger in Dallas

AKA: Big D, The Four

Population: 7,102,796 • Average days on market: 23 • Average gross yield: 11.1%

# of Building Permits in 2015: 57,146 • Employment Growth to Building Permits Ratio in 2015: 1.9%

 

Drivers: Dallas ranked #10 on the 2016 Forbes Best Places for Business and Careers List and #21 on U.S. News and World Report’s Best Places to Live Top 100. It offers big city feel or small southern charm depending where you go, but one thing’s for sure—Dallas is a sports-loving town full of fans who rally together in support of their teams!

 

Leading industries: Dallas and its suburbs have one of the highest concentrations of corporate headquarters in the United States. The economy is supported by business management and operations as well as by the area’s robust agricultural sector. The Dallas metro area is the 4th largest MSA in the United States and the area serves as the headquarters to 38 companies in the Fortune 1000, the third-largest concentration in the nation.

 

Notable mentions: Dallas is a hub for tourists with historic sites like the downtown Sixth Floor Museum at Dealey Plaza and the Reunion Tower, where diners can enjoy cocktails and a rotating 360-degree view of the city. Dallas boasts legendary food and music which can be experienced at the iconic House of Blues. History buffs can drive through old-town Dallas to see the exact location of JFK’s assassination.

  • Job Growth
    166,045 new jobs created in 2015
     
  • Population Growth
    144,704 new residents added in 2015
     
  • Vacancy
    6.0%, down from 6.2% in 2015
     

Market Data

 
 
 
 
 
 
All data provided by Census, Bureau of Labor Statistics, RentRange®, U.S. News & World Report, Forbes, Fortune, Wikipedia, Federal Aviation Administration. Market Data based on 3bd SFR

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