South of Dallas: Where the Growth Is
Posted by VIP Realty on
While the higher-end markets in Dallas and its wealthy northern suburbs are cooling, mid-range properties are on fire south of the city. More buyers and investors are looking to step out of the crowded big city and its built-out northern territories and heading to the south to reclaim an area that’s suffered its share of black eyes this past decade or two.
Lancaster
Home values in Lancaster have been climbing more or less steadily for a solid year ‒‒ and inventory is going down. In other words, the word’s out about this unassuming neighbor to Dallas’ south. The city’s inventory has been cut in half since a year ago and the median price of a home has grown by 40 percent. Even the size of the living spaces has increased by nearly 30 percent in new…
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