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Updated almost 2 years ago,

User Stats

236
Posts
392
Votes
Keith A.
  • Rental Property Investor
  • Texas
392
Votes |
236
Posts

Strange change in North Texas / North Dallas rental demand

Keith A.
  • Rental Property Investor
  • Texas
Posted

Any other investors in this area having problems getting their rentals leased? In 15 years I've never had a property take more than 2 weeks to rent. Going over a month with a property that is priced well (although demand may be dropping), and showings are far and few between. MLS shows quite a few other properties in this area with price drops. A year ago this property rented in days for same price it is now. Reassessing my current rental amount, but seems a major cooling off is occurring in the area north of Dallas. Anyone seeing this?

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