Dallas is Glowing!!

When Ramesh’s son was asking his father to buy a house last year, he never thought as he is on H1 and does not know when he needs to go back to India. He Never thought that pandemic will stay here for a year and make life miserable for his family in a small 2-bedroom apartment. This makes him take a big move and buy his own house. Now, He bought a house whose monthly installment is like the rent he was paying earlier, and add to that, he now has ample space for his family. His kids have a backyard to play when they put a stop to a long day of virtual schooling as well.

My friend, Lokesh was always trying to search the house in proximity to his office to avoid the everyday driving misery in Dallas traffic, however, the remote working, which came as a boon in the pandemic, he can look for the office which is not necessarily close to work as most of the companies will continue to have their workforce working remotely in the future as well. Also, the lending rates are historically low from the past year, which can help buyers to save some extra bucks when planning for the new home.

There are numerous lists of reasons that are making the Dallas residents buy the house and thus helping the real estate market to grow and glow in Dallas. We have seen, some of the top fortune 500 companies like McKesson, State farm, AT&T, American Airlines, Southwest Airlines, Kimberly Clark, GameStop, and

several others are home to Dallas and its Suburbs.

Another reason is tech companies are moving to Dallas in big numbers and making their permanent home. There are several reasons tech companies have been moving to Texas – lower housing costs, lower tax rates, fewer regulations, and diversified culture have made it easier for companies to operate in Texas. There is already an abundance of technical talent all over Texas. Any company moving here can tap into a well-experienced talent pool. There is also a well-educated stream of new talent graduating from top schools like Texas, Rice, University of Houston, and Texas A&M.

Although, Some People are still waiting to see if this upward trend goes down and once an in-person workplace will get mandated, property rates will surely go down. Some residents think there are just a real estate agent bubble and prices will go down and hence holding their horses before taking any big decision to buy a house.

Whatever the numbers are and what expert says, glad to see those happy family faces, who closed their deals and enjoyed the space and liberty of working from home. Yes, at present, the trend is showing that Dallas Market is going to stay red hot due to favored weather conditions, No state tax, diversified community culture, an  home to several fortune 500 companies.

Glow Dallas Glow …………