DFW Is The Place To Be

DFW Is The Place To Be

For people seeking a new home, Dallas-Fort Worth is one of the most exciting markets in the United States. In an interview, Jeff Ferguson, a Dallas real estate agent with Virginia Cook Realtors, cited it as the "sixth strongest real estate market in the country." Homebuyers would be hard-pressed to find a poor real estate market in any DFW neighborhood, yet Ferguson pointed out three of the hottest markets in Dallas: Downtown and Uptown, the area around the Jesuit College Preparatory School of Dallas, and Richardson.

Hottest Real Estate Market in Dallas: Downtown and Uptown

Thanks to their location and the recently opened park over Woodall Rodgers Freeway, Downtown and Uptown are the most exciting real estate markets in Dallas-Fort Worth right now. According to Ferguson, being close to Dallas' center is key. People want to live inside the Loop, preferably at the center of the city. No neighborhood is more centrally located in Dallas than Uptown and Downtown.

In the past, these two neighborhoods were divided by Woodall Rodgers Freeway. In October 2012, Klyde Warren Park opened on top of Woodall Rodgers Freeway. As the park's website says, it "creates green space 'out of thin air' that connects the vibrant Uptown neighborhood with the Dallas Arts District and downtown." Ferguson noted how this green space has already attracted pedestrians and made the area more pleasing to prospective home buyers.

These neighborhoods are still lacking a supermarket, he mentioned. However, Klyde Warren Park's restaurant, which is slated to open late this summer, might be the first of many new food establishments to move into this area.

Great Investment Real Estate in Dallas: The Jesuit Neighborhood

When discussing Dallas' various neighborhoods, Ferguson was excited about the real estate investment possibilities in the area around the Jesuit College Preparatory School. Just below I-635 along Inwood Road, this neighborhood is within the Loop and close to the Dallas North Tollway.

Ferguson's experience has shown that the prices of older homes in this North Dallas neighborhood are often between $350,000 and $400,000, which is an affordable home price compared to Highland Park and University Park. However, new homes around the school often sell for around $1.2 million. This gap between older and newer home prices is a developer's dream. Ferguson has seen several developers purchase an older home, tear it down, and build a new one, which they quickly sell at a significant profit.

Excellent Family Homes Near Dallas: Richardson

Richardson is technically a suburb of Dallas, but it is barely outside the City of Dallas' limits. When comparing the North Dallas suburbs, Ferguson favored Richardson over Plano, Grapevine, and others. He mentioned Richardson's proximity to I-635 and I-75 as a positive, as they make Richardson one of the most accessible suburbs. He has noticed families favor this Dallas-area neighborhood because it has a strong school system and the housing is relatively inexpensive. "Richardson is exciting. It's very affordable, yet it's adjacent to high-end communities like the Park Cities," said Ferguson.


Go 2 Girls Realty Headshot
Author:
Phone: 469-443-6537
Dated: April 3rd 2013
Views: 1,666
About Go 2 Girls: Whether you are looking to find the perfect home, or buying and selling real estate to build your pr...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Trees For Springtime Planting - The best time to plant a tree was 20
Small Town Big Fun - Living in a small town, lots of big
Luna The Rescue Dog - It's crazy how time starts to fly an
Feb 26 2017 25357 1 - FAT TUESDAY – Day Before Ash Wedne

Our Bloggers

Comprar Casa DFW * - 1
Gabrielle Armstrong - 2
Cara Balderas - 33
Tami Bennett - 45
Jessica Boozer - 18
Rhonda Borgne - 1
Olivia Borowski - 1
Jennifer Boyd - 2
Deborah Boyd - 390
Jamie Brannagan - 1
Kathryn Brick - 1
Annette Bruen - 20
Moira Brunken - 18
Beverly Bryant - 23
Ana Cantu - 1
Lisa Cardillo - 52
Bob Cardillo - 4
Lucina Cervantes - 11
Gregory Cornett - 2
Angela Cotten - 65
Missie Craig - 12
Greg Cunningham - 2
Belinda Duff - 5
Leah Ecob - 15
Kristine Edens - 3
Jill Elliott - 99
Laneal Ernest - 9
Nicole Espinosa - 27
Christopher Evans - 1
Heather Feragotti - 8
Mark Fischer - 2
Susan Florsch - 12
Jennifer Flynn - 8
Leslie Fogle - 101
Larry Frassinelli - 6
Chad Gabriel - 58
Malci Gariani - 1
Shalee Garza - 10
Cassie Gillock - 2
Christina Gonzalez - 5
Wilma Goodwin - 2
William Graves - 5
Kristen Henderson - 1
Hunter Howard - 1
Sandra Hunt - 83
Bill Hurd - 3
Gary Hutchings - 20
Rachel Jama - 47
Trenton Johnson - 15
Felicia Johnson - 78
Jemi Khan - 26
Leigh Klotz - 5
Amber L Johnson - 8
Michele Lafortune - 22
Wanda Lewis - 2
Noreen Lodhi - 9
Stacy Lynn Massar - 27
Jennifer Menting - 17
Mikki Migis - 8
Richard Mikus - 1
Sean Moniri - 21
Naddia Morales - 10
Keith Moses - 9
Mark Mulch - 19
Erick Murphy - 6
Steve Murray - 1
Julie Nicholson - 10
Nikki Okpuzor - 3
Alan Oliver - 7
Kelly Oltmann - 4
Kaysone Orlando - 1
Holli Paddio - 3
JP Piccinini - 50
Julie Ann Pickering - 85
Ann-Marie Pope - 2
Joshua Putman - 111
Mimi Rader - 1
Shelia Randolph - 33
Teneka Ray - 1
Go 2 Girls Realty - 173
Bethany Rowan - 15
Kristi Roy - 1
Kelly Rumney - 9
Amy Jo Saenz - 3
Linda Scardis - 4
Sandy Setliff - 210
Christine Shannon - 29
Rene Sinclair - 27
Shelby Smith - 3
Bryce Smith - 5
Monica Solkhon - 1
Rodrigo Sotomayor - 16
Jenna Stanley - 9
Kelley Stubbs - 3
Melodie Sulgrove - 1
Seana Taylor - 207
Mary Taylor - 14
Kevin Taylor - 15
Julian Taylor - 17
Erica Taylor - 52
Angela Taylor - 1
Karla Terrell - 2
Joey Thomas - 2
Jason Todd - 24
Andrea Trimble - 55
Miguel Umana - 6
Diane Velez - 17
Debbie Viverito - 132
Nick Walton - 75
Spring Weeks - 9
Michael Worley - 160
Keisha York - 30
Debbie Zurita - 17

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

JP And Associates REALTORS
6175 Main Street #355 Frisco Texas 75034
Frisco, TX
972-375-9448
4692875503

Other Locations