While analysts of the national real estate market forecast a decrease in the shortage of homes for sale in 2022, expert agents of Allie Beth Allman & Associates Expect to see continued strong sales of luxury homes and properties in the Dallas-Fort Worth area over the coming year.
âThe market remains strong and buyers are looking to improve or add to their equipment,â said Susan baldwin. âThe grounds and location near restaurants are always in demand. Buyers appreciate ready-to-move-in homes that require few updates, so being a good maintainer or making updates to your home adds to the value of your home.
According to Baldwin, locations near Highland Park Village and Dallas Country Club, as well as residential neighborhoods in Preston Hollow, continue to be in high demand by buyers, so listing a home in these areas could provide a great return on your investment.
In Preston Hollow, properties sell quickly when the price is right, even in this seller’s market, agents report. Overpriced properties stay on the market and generate much less interest.
âThe key in today’s market is to price what the market will allow and let buyers decide if they want to pay a premium,â said Cocotos Kimberly, who sold several houses in the Preston Hollow domain this year. âUsually a buyer is more willing to pay a higher price if it’s their idea. “
âPrices are higher than several years ago, but with so many companies still moving to Dallas, interest in this field will continue to increase,â he said. âThere are still great opportunities in the Park cities, but you have to work with a great agent who knows the homes before they hit the market. “
Anne Olivier echoed this advice and added, “Investors are turning to real estate more than ever, seeing single-family attached homes and multi-family properties as safe investments with a lot of upside potential.”
Meanwhile, the Dallas suburbs continue to attract buyers from across the country, pushing home prices to record highs. In the far northern suburbs, for example, “we’ve seen housing deals more often in the $ 300,000 to $ 500,000 range, a trend that will continue into 2022,” she said.
âHigh-end properties in this price range see multiple offerings,â said Sue Krider. “But they have to be premium – good condition, good location and great views.”
Allie Beth Allman & Associates sells more homes priced at $ 2 million and more than any other brokerage, according to statistics from Multiple Listing Service. To get in touch with an expert in luxury real estate, visit alliebeth.com.