Essay on Real Estate Market Analysis

Real estate occupancy costs represented about 4% of Staton’s cost structure. With a central location in the southwest United States and excellent thoroughfare systems, Dallas had become a major distribution hub for the flow of goods to the customer. The city’s demographics and legal/regulatory frameworks made it an attractive market for corporations needing industrial space.

Summer is a great time during the year to buy a house. First time home buyers can enjoy many great offers on buying a house with many options to chose from. Steve Jobs once said “If you have not found it yet, keep looking. Do not settle. As with all matters of the heart, you will know it when it comes”. The most important thing to considered when buying a house is its location. Depending on its location, houses can vary from prices, home security and privacy. The city of Kingwood can be considered a good place to buy a home for those willing to pay high prices for it, but the city of Huffman is a better place to buy a house rather than Kingwood for several reasons.

Some evidence is that globeville saw an increase of 67% in home values in the last year, more people from out of the states come to denver colorado and don't mind paying the rent here because they don't live here. Due to the new marijuana law and how it was first legal in colorado made people from around the states move to colorado which increased the population and which increased the rent cost.

This area is getting more hip by the minute and respect across the nation with it's flauncy highrise condos, new chic restaurants, upscale boutiques and fashionable clubs and bars. What could be better for the young, professional singles flocking to the area, or the retirees wanting to skip the lawn maintenance for a freer lifestyle? Downtown Dallas is Hot spots in the downtown Dallas vicinity include West Village and Mockingbird Station (closer to East Dallas). Condos at the W Hotel start in the High $1 Millions, but you can also find highrises in Dallas for $300,000 and up depending on where you look.

Dallas offers the feel of a small town and the amenities of a large city.

You say that you want a house that is close to a school, safe and opens to a lot of sunlight. A house that has enough room for your family, and huge kitchen, a bathroom, and a backyard. There are two houses that I recommend to you and they are:

Right now, the median price for a home in the area is $450,000. The sales price has risen by $75,000 in just the last year. During the same year, the average price per square foot rose from $224 to $238. Since the sales price has risen by 20 percent in just the last year, right now is a good time to enter the marketplace before prices

In 2012 when the economy began to get better and the housing market began to rise, cities such as Boulder, Colorado 45% and Dallas, Texas 26% above peaks in 2006.

Collin County is a governing body north of Dallas that has been experiencing rapid growth over the past decade. Planning for the population growth, businesses expansions, and county debt has been needed in order for the county to be sustainable during the great recession.

McKinney is one of the most popular residential communities located in the Dallas-Fort Worth Metroplex. The community boasts a number of enticing features that lure residents to the suburbs tree-lined streets and quiet neighborhoods. The city's historic downtown, positive business environment, and family friendly amenities make McKinney one of the fastest-growing cities in the country.

An area that has high annual incomes translates into areas with higher concentration of higher worth house units. For those who do not own their home and are renting, the average rent in Texas is $870. Although Texas is large in size, most of Texas is rural with a few highly dense urban areas. Texas’s population density per square mile is 96.3, while Denton is 13 times denser than the state average with a density of 1,289.91. One of the reasons why rent is higher in Denton and Lewisville could be due to being in an urban city, not more than an hour away from Dallas, the largest urban city in north Texas. All of these factors play a part in the discrepancies between Texas averages in rent, and rent near urban hubs like Lewisville or Denton.

In every aspect, Lewisville and Denton out paces Texas in most categories taken by the census. This is, again, due to the urban advantage that Denton and Lewisville receive. Urban areas can simply not compete with rural prices, which is a possible downside to the higher rent and home prices, but at what cost? With Dallas acting as the urban epicenter to Denton and Lewisville, Dallas brings more jobs, higher paying technical jobs, and an assortment of living options. These characteristics are beneficial to the area of north Texas when providing a large spectrum of variety, but with the downside of a higher price

Which city has a greater percentage of homes with real estate values between $55,000 and $85,000?

Not only does Texas and Florida have safety, but they also have services that people may care about using. For instance, ever notice where the location of dumpsters are when in Florida, compared to where they are in Texas? Going back was amazing. Getting to see the birthplace of the parents. Upon arriving, walked to the back of the house and saw that there were not any alleyways just the hurricane fence and the behind neighbor. Thinking normally the dumpsters that are in the front of houses, would bring down the property value. It all really depends on the property value of the

Interest rates have a major economic impact on the real estate market. Interest rates directly affect property sales. Residential property realizes the greatest affect as interest rates have a considerable influence on a homebuyer’s capability to purchase a new property. The customer is affected when there are significant increases or decreases in interest rates. Declining interest rates lower the costs of obtaining a mortgage; this in turn creates higher demand for homes, and pushes home prices up. Conversely, high interest rates increase the costs to obtain a mortgage; these increases lower the demand for homes, which creates a decline in home prices. (Stammers, 2016)