In regards to real estate, the demand is definitely not the same everywhere in the US. Even in the middle of tough times when people can’t get qualified, and the banks are not approving loans, Santa Clara County, CA is still keeping up with multiple bids. And worst yet, now your buyers / competitors include investors who are coughing out cold cash.
For average families, it isn’t every day that they think about buying a house, but it is likely that there are at least one investor making an offer on every transactions.
So where are the deals and how can you expect to come out ahead? If you ever love the big and bold, and I am talking about land wise here, you can get more home or land for the money compared to California market price. You can do your research on Dallas Homes for Sale. But I warn you, be careful that you don't get too carried away, since it is amazing what money can buy in Dallas Real Estate.
The difference between Santa Clara County, CA and Dallas, TX? For the same price of Dallas Homes For Sale, let’s take $1.7 mil for example, you could buy a house with couple more acres more than Santa Clara County, CA. Of course it would depend on the area, but in general the same amount of money could buy you a much larger lot in Dallas.
As you can see from the image below the prices can varied depending on which city in Dallas. It will depend on how deep your pocket is and what rate of tolerance you can handle, but interest rates are still pretty attractive even with the ups and downs.
Thanks for stopping by today.
California vs Dallas, Texas Real Estate
Labels: real estate