ARLINGTON, TX REAL ESTATE MARKET SHOWING STEADY GROWTH
All regions of the city, except one, showing regular growth in home prices
ARLINGTON, TX – Boasting one of the safest areas in the state, Arlington is showing steady growth in home prices over the last several months. Additionally, as prices are starting to rise, there is solid inventory growth within the Arlington market showing that even though prices are going up slightly, demand is still high and steadily growing. As the Dallas market continues to thrive, Arlington and the surrounding areas are enjoying the benefits of that market growth and will continue to see benefit as the influence from the Dallas market expands.
“Arlington is one of those places that offers a tremendous quality of life, good schools and reasonable home prices,” says Jennifer Shearer, President of Specialized Property Management. “What that means is that for those on a more modest budget, or even just want to find a property to rent out, Arlington provides a great solution. Even better, Arlington gets much of the benefit of Dallas without all of the big city hassle.”
In addition to inventory and value increasing, real estate investors are seeing a healthy return on their investments when they buy property in Arlington. With low barrier to entry and the potential to ride a long wave of continued growth, Arlington is a perfect place for real estate investors to purchase property. Better still, for novice investors, it’s a great place to get started. Just don’t go it alone, says Shearer.
“One of the things we see with a lot of new investors is that they think they don’t need a property management company. The reality is that if you want to get the most out of your investment and ensure that managing the property doesn’t take over your life, you need a good property management company in Arlington to guide you through the pitfalls and help when needed.”
Shearer also states that especially with existing homes, property management is crucial to ensure your home is up to standard. “When you buy a home to rent out that someone has already lived in, you need to make sure that everything is in order. Without that knowledge of what to do and when to do it, a lot of investors get trapped and then their investment doesn’t live up to it’s potential.”
However, Arlington property managers agree that now is as good a time as any to invest. “It’s definitely time to invest if you want to do it. With the way the market is and how it’s been growing, I see the potential here for lots of return over a long period of time. After all, Arlington is a great city. Who wouldn’t want to live here?”