Every home buyer wants to make a smart investment, writes Forbes about its list of 2017 Best Buy Citiesthe countrys top 20 hottest housing markets to invest in this year. High on that list? Fort Worth and Dallas. Forbes collaborated with Local Market Monitor, a company that tracks 300-plus metropolitan areas, to determine where home prices, jobs and populations are up in this case, way up.
Fort Worths numbers put it at No. 9 on the list. Its population of almost 2.4 million is up by more than 5 percent in just three years. Job growth? Up more than 2 percent. But its the home prices that boggle: Fort Worths are up 9 percent, year over year and are predicted to go up 17 percent in the next three years. At least.And the hottest investment city? Dallas dominates, says Forbes. The home of Exxon Mobil and the Dallas Cowboys claims the No. 1 ranking. Dallas has an average home price of $233,000. Thats up 3.9 percent from a year ago and underpriced by 3 percent compared to the citys historic average. Local Market Monitor forecasts prices will increase 31 percent by 2020 thanks in part to 3.9-percent job growth in the past year and 6.2 percent population growth in the last three. Populations are up. Jobs are up. That Texas spirit is up. No matter which city you love, the expert agents of Briggs Freeman Sothebys International Realty will help you invest smartly in your new home in Fort Worth or Dallas two of Americas hottest cities by far. President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sothebys International Realty with offices throughout North Texas: Dallas, Fort Worth Cultural District, Fort Worth-Mira Vista, Uptown, Lakewood, Southlake, The North, Ranch and Land East, Ranch and Land West, and The Ballpark. For all listings, open houses and more and to explore the top neighborhoods in North Texas visit briggsfreeman.com.