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Updated over 7 years ago on . Most recent reply

User Stats

89
Posts
36
Votes
Val J.
  • Rental Property Investor
  • DFW
36
Votes |
89
Posts

Prices in Dallas but specifically Oak Cliff

Val J.
  • Rental Property Investor
  • DFW
Posted

Those of you who invest in Dallas in general but specifically Oak Cliff.  Have you noticed how quickly properties are selling and all of the flipping, demolition and rebuilding that is happening? I'm not just speaking of the Bishop Arts area but all of Oak Cliff.  OC used to be an area where affordable homes and even apartments were easily had whether you were buying to live in it or invest in it. It now seems at least IMO that those days are gone.  I'm noticing that houses are priced waaay to high for my liking. I'm now seeing small houses  between 900-1300 sf (renovated but not fancily/expensively) listed and selling for 100k+.  A realtor friend told me that most sellers are getting their asking price. Yes the growth is exciting but the affordability for the working class people of OC cause my brow to wrinkle. Your thoughts ?

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