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New Construction Homes in Dallas

New Construction Homes in Dallas

About Dallas

They say everything is bigger in Texas, and you’ll have no doubt about it when you get to Dallas-Fort Worth, or DFW for short. Once two separate cities, Dallas and Fort Worth have been joined to form the largest metropolitan area in the southern United States. With cultural and recreation activities to suit all interests, a family-friendly environment, and great weather, you can be sure you’ll find the lifestyle you’re looking for here in DFW. With 7.8 million residents, the Dallas Fort Worth Metroplex includes 12 counties. Some of the major cities that comprise the DFW area include Dallas, Fort Worth, Southlake, and Keller. Once dominated by the oil and gas industry, DFW has become a diverse economy over the last several decades with excellent opportunities for job seekers and business owners alike. Its highly skilled workforce, combined with a low cost of operations, has turned DFW into an attractive place for large employers to set up headquarters and regional offices. There are 23 Fortune 500 companies headquartered in DFW, the second highest number in the United States. If you’re looking for a job, you’ll find career opportunities in various industries, including technology, financial services, telecommunications, healthcare, energy, manufacturing, transportation, and defense.

Housing in Dallas

If you want the attractions and opportunities of big-city living without the high price tag, DFW is the place to be. While the area’s cost of living is about average for the United States, people who relocate to Dallas from an expensive city like New York or San Francisco are usually surprised by just how much cheaper it is. Buying a home in a desirable neighborhood is much more affordable than in other cities, and even day-to-day expenses like groceries and utilities are cheaper. Add to that the fact that there’s no state income tax in Texas, and you’ll have no doubt that your money will stretch further here in DFW.

Most popular Communities in Dallas

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Real Estate in Dallas

Home prices across Texas have risen significantly in recent years due to increased migration. Home prices in the DFW area skyrocketed in 2020-21, but the market is now experiencing a slowdown due to interest rate hikes and economic uncertainty. Despite this, the Dallas housing market remains strong. Home prices may not be rising as quickly as they did last year, but they are still following an upward trend. This is expected to continue during 2023 as the area’s housing inventory will remain low, and its population growth will continue.

New Construction Market in Dallas

DFW is booming, and so is its real estate market. With hundreds of people and companies moving to the area every day, there is not enough existing housing inventory to meet demand. While the downside of this rapid growth is higher housing prices, the upside is that many new home builders are investing in the DFW area. The area's flat topography makes it possible for the city to expand outwards to meet the constant need for more housing. Newly constructed homes and neighborhoods are popping up all over DFW and provide various options for housing styles, price points, and neighborhoods. Whether your priority is a good school district, a short commute to work, or easy access to entertainment and amenities, you'll be sure to find a newly built home in a neighborhood that fits your personal preferences, needs, and lifestyle in the DFW area.

Popular Builders in Dallas

  • Beazer Homes
  • Lennar
  • M/I Homes
  • First Texas Homes
  • Trophy Signature Homes
  • Perry Homes
  • Grenadier Homes
  • D.R. Horton
  • Meritage Homes
  • Highland Homes

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Other Real Estate Markets in Texas

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