Arlington, TX and Denton, TX are doing very well this year in terms of buyers with interest in these areas searching for available housing. Some of the interest in Arlington is due to the media attention given to mineral rights and natural gas being drilled for in that region. But, college towns tend to do well each year, even when other areas are seeing downward sales trends.
If you have a home to sell or lease in Arlington or Denton, and you feel it was priced fairly, shows well, and is getting a good level of traffic (at least 2-4 showings a week), then stand pretty firm when negotiating those home purchase offers. You don't fall into that category of areas having low demand and you have the luxury of waiting for the next buyer.
Have a blessed day,
Ronda
Ronda Allen, Realtor
Certified Purchasing Manager
RE/MAX Dallas Suburbs
The Keith Dobbs Team
Want to own a home and take advantage of low interest rates and tax breaks of home ownership over renting? In a town like Arlington, Texas, you can own a condo for as low as $38,000 and a single family house for as low as $55,000. Arlington is one of the few areas you can live where you have central access to both Dallas and Fort Worth - not an easy thing to find in a Metroplex known for suburban sprawl. Want to go back to school to earn a bachelors or masters degree? You don't have to give up owning a home to do so. U.T. at Arlington (my Alma Mater - Go MAVS!) is located on Cooper Street in Arlington. First-time home buyers, singles, and seniors find Arlington a great opportunity, too, as home prices have a lower starting threshold than in many towns and cities in the Metroplex. Travel much? Arlington has great access to DFW Airport. Like sports? Arlington has the Texas Rangers Major League Baseball franchise, and the new Dallas Cowboys Football stadium is under construction. Six Flags over Texas and Hurricane Harbor also call Arlington home. If you are in the market for affordable housing at any phase of life, let me introduce Arlington, Texas for your consideration today.
We're getting some much needed rain across the Metroplex today. Rainy days are EXCELLENT days to look at homes. In my opinion, there is no better way to check drainage around a home than to view it on a rainy day and see it with your own eyes. Have a good one, ya'll! Ronda
Some of my youngest clients each year come from my alma mater, The University of Texas at Arlington. Just as when I was a college student, so many of us were not the college kids living on campus. We were the ones who went to college classes in the morning and hit the office in the afternoon. We had jobs throughout our college years. Many of us lived at home to save on expenses and worked in excess of 30 hours a week.
As you come out of college, consider investing in real estate. It doesn't have to be a single-detached house. Maybe you aren't quite ready for suburban life and giving up a Saturday afternoon to yard work. But, a condo, townhome, or zero-lot line home can be an affordable and smart first investment for a young single or a couple of like-minded friends just starting out their careers.
In our current economic environment, rents are rising. Consider all your options. Chances are, you're likely to be leaving college and entering the workplace making more than your parents did at your age. You have the advantage of investing in real estate at a younger age. And, the safest investments in an uncertain economy in the DFW area are the $80-125k starter homes - for which there is always a demand.