Luxury Home Sales Are Booming In North Texas

Dated: 01/29/2015

Views: 660

While overall preo-wned home purchases have leveled off, luxury housing sales are soaring in the Dallas-Fort Worth area.  Sales of homes priced at $1 million and above jumped 15 percent in 2014, according to a new report by the Texas Association of Realtors.  North Texas had the second-highest luxury home sales increase in Texas, behind only San Antonio, where $1 million property purchases rose by 26 percent last year.  “The overall economic growth and prosperity in Texas have contributed heavily to the luxury market, making it one of the strongest segments of housing in Texas in 2014,” Jim Gaines, an economist at the Real Estate Center at Texas A&M University, said in the new report. “We also saw a lot of people moving to Texas from places like California, where a modest two-bedroom condo can be valued upward of $1 million.

“Those people sell their home in California, move to Texas and realize their money goes much further in our market.”

  • Dallas Morning News, January 5, 2015

Want to Advertise on this Site?

Latest Blog Posts

Deciding To Buy A FixerUpper

Deciding To Buy A Fixer-Upper f you are a fan of HGTV, you have probably seen your fair share of fixer-uppers. TV shows tend to make everything look easy, especially home flipping or updating.

Read More


Even if you have a beautiful headboard, the space above your bed can seem empty if left untouched. This space can be tricky to decorate, but that doesn’t mean you should leave it blank.

Read More

Organize Your Junk Drawer

Have you been looking for a budget-friendly way to organize that pesky junk drawer in your home? Instead of heading to the store and spending money on organizers, take a look around your home

Read More


We all have that friend whose home seems to be spotless, no matter the time of day. You could swing by for a morning coffee or stop over for dinner, and it always looks like someone just

Read More