Investing in the United States has become a major trend for overseas asset allocation. When investing in U.S. real estate, which cities or regions are the most popular? Home price appreciation is the most direct litmus test for the market.
In recent years, the city of Dallas in North Texas has repeatedly become one of the fastest-growing cities in the U.S. in terms of economy, job creation, and population. It attracts global capital investment and has drawn over 200 world-renowned enterprises to establish operations. The influx of massive capital and talent has significantly ignited housing demand in Dallas, leading to a continuous and steady surge in Dallas home prices.
Image Source: National Association of Realtors
Relevant data shows that in 2016, the Dallas area was one of the metropolitan areas with the highest home price growth in the United States. In the first quarter of 2017, the Dallas-Fort Worth area once again became one of the regions with the highest home price growth in the country.
In the 2016 and 2017 rankings of the best residential investment markets in the United States, Dallas took the top spot twice.
Notably, in March 2017 alone, home prices in the Dallas area surged by 8.6%, ranking third in the nation.
Image Source: S&P Dow Jones Indices and CoreLogic
In addition, the median home price in the Dallas area for 2017 increased by 12.6% compared to the same period last year, reaching $236,500, while the national median home sales price in the first quarter was $232,100. In the first quarter, mid-priced homes in Dallas saw the largest price increases, with prices in the northern areas of Richardson and Plano reaching a peak.
Professional analysis suggests that there is currently a persistent shortage in the supply of homes priced between $200,000 and $450,000 in the Dallas market, and the price increases caused by this supply-demand imbalance are expected to continue. According to Forbes, the projected home price growth rate for Dallas over the next three years is 31%, higher than any other city on the list and far above the U.S. average of 17%.
With the rapid development of industries such as electronic communications and IT, Dallas has attracted numerous multinational corporations and immigrants. More and more Chinese investors are recognizing the potential and advantages of Dallas, choosing it as a new hotspot for immigration, settlement, and investment.
The 2017 diamond-level U.S. investment immigration project, Dallas No. 1, made a strong debut in China during the 3rd U.S. Immigration Month. WorldWay is hosting grand launch events in seven cities across the country this weekend. The project is located in the diamond district of Dallas, a U.S. economic growth hub, and is personally led and signed by billionaire developer Mr. Howard. Upon completion, the project will exceed the job creation requirements for investors. A total asset value 3.8 times the investment provides mortgage collateral for EB-5 repayment, with full-process monitoring to safeguard funds.
This project combines numerous outstanding advantages and can be called the true king of the EB-5 industry. Within just a few days of pre-sale, it has already triggered a frenzy of internal purchases. Precious spots for the launch event are currently being reserved rapidly. Those who sign up for the Dallas No. 1 project on the day of the launch event will receive special surprises and major discounts. For inquiries, please call: 400-138-2929
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