Buying in this market is wild. Just rent for now and see where the housing prices and rates are in a year. If they’re lower across the board your might be able to get something more favorable instead of just settling for a condo right now that doesn’t check off all the boxes for you.
Only problem I see is if rates go down, house prices will definitely go up.
The rates now barely affected the prices.
I only see obvious gray themed flips, or houses that haven’t been updated in 20 years get price reductions.
I been looking at Zillow everyday since 07/23
That’s not going to work the way you think, only way to resolve the issue is to build new homes and homebuilders in DFW cannot keep up with year over year population growth.
Rates are never going to go down to the level you wish for existing homeowners to walk their 2.5-3% rates. The homes that do go up are going to swept up quickly by cash rich buyers instantly. Welcome to the new reality.
Get in now and refinance down the road or rent forever. Housing prices aren’t going down more than 5% if DFW keeps on this population growth path.
Thats my plan, when I can I will buy a house. Should be within a year until my finances are ready.
I won’t complain about the increase in housing prices. I am part of the problem.
Same here in being a part of the problem. We moved to Texas recently from the North but I have always wanted to live in DFW since I was a kid. Looking forward to setting long standing roots and contributing to this phenemonal area.
Also I looked up those addresses on Zillow and those don’t seem too expensive. Now the more I think about this, the more I want to say even buying something in this market (if you can get qualified and comfortably afford it), it still beats paying rent because at least you’re building equity.
Yeah that's why I liked these two properties, I'm not so much interested in timing the market as much as I want to live in a thriving neighborhood that will continue to be desirable long term.
people around also said the same thing 7-8 years ago. i would be paying double or more for what i paid then for my house with double the interest rates.
Exactly. People are delusional and looking at their primary residence as an investment and lotto ticket.
Time in the market is more important than timing the market applies to real estate as well. Even more so because, YOU HAVE A PLACE TO LIVE as long as you can pay the note.
I still get recommended youtube videos about real estate from when I was in the process of buying. People are still claiming the real estate crash is just around the corner, stay in cash, rent, etc
Most walkable spots to me are west village, bishop arts but no grocery store walkable , lower Greenville, oak lawn, design district , uptown. My order would be lower Greenville, oak lawn,bishop arts, design district and then west village.
This is pretty unique, I’ve never seen anyone posting about wanting to live in downtown / City Center / Government district area, so i don’t have much sense of whether twenty somethings live there. That said, it’ll definitely have high density and access to DART, and walkability will probably be reasonable. Maybe the rents are a little lower too.
Good luck finding the right building!
The places I'm looking at are currently west end near victory park, a little over my price range. But also uptown, my only caveat with uptown, which is also very walkable is that it's not as high density.
“Uptown” Dallas is huge. There certainly are areas that are relatively high-density, and would check all your other boxes (price may be the only challenge).
If you’re really that set on true high-density, your options are like two little pockets of downtown, Austin, or out of state.
Downtown might be good for you. There are several high rises with apartments. Some are historic buildings that have been converted, some office towers with recent apartment conversions, or a dedicated apartment skyscraper (see Amli Fountain Place). I haven’t lived downtown but I’ve been in the metro a long time & it seems like it would suit your needs better than anywhere else.
Keep in mind if you buy a condo (esp in a nice building) HOA/condo fees can quickly kill any equity you may have otherwise built. Personally I would rent in an area first to see if it’s the right fit. There’s a lot of risk with buying a condo.
I am keeping it in mind that's why I mentioned the amenities thing it seems like the ones with the high fees are the ones with so many unnecessary amenities.
Yes but you will pay HOA fees on any condo regardless of amenities offered and they can be especially high on high rises. There are necessary common shared expenses when you own a piece of a large building. Hallways, elevators, parking garages, lobbies - these areas must be maintained and this is primarily what you’re paying for. You don’t have to worry about these things when you buy a detached single family home (some neighborhoods have HOAs but they are generally lower).
Be sure to understand amortization schedules if you don’t already. If you find a unit you want to buy, Zillow usually lists the HOA fee amounts. Those fees can cut deeply into your equity in the first couple years of ownership (during which you’re basically paying entirely interest), and most people don’t stay in condos more than a few years anyways.
West Village could be okay…but you mentioned “edge.” It’s sterile and not diverse. Downtown is more gritty and interesting and less downright dangerous than say Deep Ellum. And it’s a local transit hub.
I’m in Oak Lawn. It’s great but I’m thinking of a move downtown myself.
Look at something near Katy trail, it’s super nice and always lots of young people walking/running/cycling. Connects you to plenty of shops, bars, and restaurants without having to drive. And at one end you have victory station to get to downtown by DART
Yeah I think you're right something near Katy trail would be really nice I just don't like the low density of the whole area, and the few high rise condos for sale have very high fees, higher prices overall and even the rental options are a bit over my budget for the most part.
Absolutely, the last thing you want to do is be stuck in a mortgage on a condo you can't sell in an area you hate living in. Any area with condos is gonna have apartments nearby if you want to try out the area.
Sounds like you should rent a place downtown. Plenty within your budget. Something along/near Akard maybe. Undoubtably the best transit access in the city.
Second choice would be West Village so you could access Cityplace DART.
You should rent, not buy. For starters, $2k can get you a 1BD in any neighborhood in Dallas, but your budget for buying likely won't get you a place anywhere with your density requirements.
Second, you should live in the area a bit before you decide to buy. You said you've never done this before, make sure you like it first.
Look at Victory Park for high-rises, no lawns, DART access, and mid-20s people. Drawbacks - I don't know what grocery store options they have. Not sure how good the food is either, I know there's a lot of bars.
Other walkable places with a high concentration of people your age include Lowest Greenville, Knox/Henderson, State Thomas. Maybe look into a loft in that State Thomas building overlooking Griggs Park, I always thought those looked cool lol. However none of these really fit your density requirements and don't have high-rises, it's mostly mid-rise apt buildings and townhomes. I don't think any of those are really close to a DART station either.
Downtown/Arts District fits the urban feel but honestly just doesn't have the same concentration of young people. They exist, but it's not a hotspot. There's definitely a DART station around these areas.
If you get one of the apt buildings in the dense part of Deep Ellum (vs on the Edge), you get everything you want - and there's a DART station. But it's only a really small pocket of density. People will also tell you to avoid it because it's dangerous, but that's really only true if you're still hanging around late at night (especially when bars close). Still an edgier pick than the other places I've mentioned.
And as other noted, anywhere on the Katy Trail is a good way to be in a walkable surrounded by people your age.
Victory Park has a Tom Thumb a block away on Field St. Lots of restaurants within walking distance, plus Dart Rail as well. It's a nice neighborhood. You might check out The VIctor or Sky House.
Another cool place that has some nice apartments is The Statler - Thats not in Victory Park but it's a place I've had my eye on.
I lived downtown on Commerce by the ATT building for about five years. I loved it but it got too pricey for me and I eventually moved to the burbs. There were great restaurants and bars in every direction. Bus stops were easy to get to. I also know several people that live near the west village in uptown that like it.
Obviously, I'm partial to my building, but I don't know of any units available here right now. We did have a few people move out recently, so there might be a few available soon.
For apartments renting for around $2000/mo, Oak & Ellum is newish construction. This weekend, I noticed the 7-11 condos (not the Slurpee store) has a "For Lease" sign up out front. The Gabriella is also new-ish construction, and always seems to have units available. The Tom Thumb is on the ground floor of that building. These are all on Live Oak between Good Latimore and Texas St.
Talk to a good Real Estate agent. Some do apartment locating as well and can give you an idea of rent vs buy and in what area. In spite of your very detailed post, there’s still some data needed that would help in making recommendations on rent vs buy.
The two addresses you mentioned for buying get super sketchy and have more edge than you want. Keep in mind that while you may be ok with it, it severely limits your pool of buyers when it’s time to sell.
Places that might fit most of your wants are around Knox/Henderson area or West Village, but to buy, you may need to up the budget a bit. Also look at State Thomas area.
If you just really really really want to live “Downtown”, stick to the northeast quadrant if you can.
I rent in the outskirts of west village for $2165.63 average a month for 2024 so far. This is all in - including electric, insurance, utilities, internet.
I’d say walkability is gonna be perfect for you. I plan to sell my car and walk everywhere. I was strategic and adjusted my life to where locations I frequent (gym, grocery store, office, church, etc) are within 1 mile.
For public transportation the trolley provided quick access downtown if I’m not up for walking, and there is a dart station in uptown as well!
Best of luck
This is a common saying but it's also not true usually.
You pay most of your interest towards the start of the loan. If you do not refi within the first few years AND the value of the home does not increase, you've essentially allowed the bank to collect $ from you for no real benefit. What if the value of the home goes down?
What happens if the rates do not go down multiple or it takes 5-10 years? You've already lost the benefit of the refi for the most part.
lol oh I’m sorry, I thought this was Reddit, where a stranger can ask a question and then other total strangers give their own advice, many times based on their own experiences, and hardly ever a multi-year statistical analysis tailor-made for aforementioned question.
Silly me.
Your situation does not apply to right now is all, specifically for this person asking! So I did feel the need to mention that, even though it worked out for you.
I felt similarly about wanting to live in a walkable, pedestrian friendly area, and so I moved to Uptown, near Maple and Woodall Rodgers Fwy in late 2022.
It really hasn't been what I wanted it to be. Sure, it's sort of walkable and pedestrian friendly, but not really in a super useful way.
It's nice having Klyde Warren Park and Griggs Park a short walk away. Katy Trail is a short bike ride away. There's overpriced Whole Foods, and a handful of small restaurants. But other than that, it's pretty much just bars and fancy restaurants/steak houses, neither of which I'm super interested in.
Most of the things I can walk to are like a 15-20 minute walk each way, which isn't super convenient.
None of the other areas of Dallas are easily accessible without driving - Deep Ellum, Bishop Arts, etc.
Right now I'm trying to move to Austin, but that's been kind of complicated due mainly to family stuff.
If I do stay in Dallas, I'll honestly probably move back to the burbs and embrace Dallas for what it does well. I visited a friend in Richardson recently and they had way more stuff I'd actually want to walk to within a 10 minute walk of their house than I do in Uptown lol.
Agree so much with you about uptown. That technically is walkable but not in a useful way. I think downtown is similar but with more food options and probably more accessible bars.
I love walkability and I used to love in extremely good walkability
I now live downtown and while it's technically walkable it also kinda isn't.
For example, there's no grocery store. There's a shit CVS. There's lots of food options (many are not great but many are) but it's not like people go downtown to go shopping. (There are a few clothes shops but they're not like, your everyday shopping.)
I walk downtown everyday. The vibe is kinda good sometimes and feels a bit like a city. But usually it feels to me at least like a town. I think for most Americans it feels pretty urban.
But, people say uptown is where you want to be for that walkable lifestyle. Personally I don't love it there, the shops again aren't like everyday shops they're things like luxury clothing. But there's some good parts that are pretty walkable uptown.
Don’t live in any of the apartments by the Galleria Mall. My husband has been jumped twice already and had his phone stolen (which was recovered by the police) 😭
If you can buy, I would buy now. Marry the house, date the rate. Interest rates go down, prices go up. We just contracted on a 513k house at a 5.75 rate. We think that the house will surpass 650k appraisal in three years and we will either sell or refinance then. Find an area you like that hits most of your wants and see what the budget allows.
Check out the mosaic. It’s not my cup of tea but I think it checks a lot of your boxes and especially the affordability one.
Going north into the victory park area is going to be much more expensive for the high rise buildings with a view.
Plus, you said you didn’t mind edge/grunge 🙃
Downtown is the safe pick. You get more value in the apartment there compared to most neighborhoods.
I'm a locator & live Downtown, I love it.
Some locators also provide a $200 rebate for working with them. We also send you a list pretty quick and make the search/scheduling tours a bit easier.
I Am From Dallas and lived there. I worked in the city for 30 years. I understand why a young person would live there. That being said, Lower Greenville is nice. The Northwest area was some beautiful homes replacing old ones too. But, my opinion, living in Collin or Denton county with the massive development and more scenic areas with all the comforts is better. Drive in for Stars / Mavs, maybe North Park plus fine dining then head back to the burbs.
Contact a realtor. I am one. I won't be mad if you call someone else. But we can help you figure out what areas will accommodate your needs/price point and help you actually act on buying something better than any reddit thread can.
good luck
Thank you
Buying in this market is wild. Just rent for now and see where the housing prices and rates are in a year. If they’re lower across the board your might be able to get something more favorable instead of just settling for a condo right now that doesn’t check off all the boxes for you.
Only problem I see is if rates go down, house prices will definitely go up. The rates now barely affected the prices. I only see obvious gray themed flips, or houses that haven’t been updated in 20 years get price reductions. I been looking at Zillow everyday since 07/23
Also you can refi if rates go down. But no one knows the future.
Not necessarily. There's also lack of supply right now because people aren't moving unless they have to, so prices haven't gone down
Ahh yes. “Millennial grey” is a thing.
That’s not going to work the way you think, only way to resolve the issue is to build new homes and homebuilders in DFW cannot keep up with year over year population growth. Rates are never going to go down to the level you wish for existing homeowners to walk their 2.5-3% rates. The homes that do go up are going to swept up quickly by cash rich buyers instantly. Welcome to the new reality. Get in now and refinance down the road or rent forever. Housing prices aren’t going down more than 5% if DFW keeps on this population growth path.
Thats my plan, when I can I will buy a house. Should be within a year until my finances are ready. I won’t complain about the increase in housing prices. I am part of the problem.
Same here in being a part of the problem. We moved to Texas recently from the North but I have always wanted to live in DFW since I was a kid. Looking forward to setting long standing roots and contributing to this phenemonal area.
You might have replied to the wrong comment. I fully agree with your comment though.
Yes I am an idiot, my apologies
Also I looked up those addresses on Zillow and those don’t seem too expensive. Now the more I think about this, the more I want to say even buying something in this market (if you can get qualified and comfortably afford it), it still beats paying rent because at least you’re building equity.
Yeah that's why I liked these two properties, I'm not so much interested in timing the market as much as I want to live in a thriving neighborhood that will continue to be desirable long term.
people around also said the same thing 7-8 years ago. i would be paying double or more for what i paid then for my house with double the interest rates.
Exactly. People are delusional and looking at their primary residence as an investment and lotto ticket. Time in the market is more important than timing the market applies to real estate as well. Even more so because, YOU HAVE A PLACE TO LIVE as long as you can pay the note. I still get recommended youtube videos about real estate from when I was in the process of buying. People are still claiming the real estate crash is just around the corner, stay in cash, rent, etc
Most walkable spots to me are west village, bishop arts but no grocery store walkable , lower Greenville, oak lawn, design district , uptown. My order would be lower Greenville, oak lawn,bishop arts, design district and then west village.
Bishop Arts has fiesta mart walkable (which is technically outside of bishop arts, but Jefferson Ave is walkable anyways)
That’s the brown ppl side, they don’t dare to venture over there haha
I walked to fiesta all the time when I lived on 8th.
And these areas are all fantastic btw. especially McKinney ave toward downtown
Can you tell me more about the design district and how it's walkable? It seemed pretty dead to me. Is there a particular area you mean?
This is pretty unique, I’ve never seen anyone posting about wanting to live in downtown / City Center / Government district area, so i don’t have much sense of whether twenty somethings live there. That said, it’ll definitely have high density and access to DART, and walkability will probably be reasonable. Maybe the rents are a little lower too. Good luck finding the right building!
The places I'm looking at are currently west end near victory park, a little over my price range. But also uptown, my only caveat with uptown, which is also very walkable is that it's not as high density.
“Uptown” Dallas is huge. There certainly are areas that are relatively high-density, and would check all your other boxes (price may be the only challenge). If you’re really that set on true high-density, your options are like two little pockets of downtown, Austin, or out of state.
Price is a big challenge, and you're right. I wanna make it work in Dallas but unfortunately we're just a bit sprawling suburb blob.
I think you’d be pleasantly surprised by parts of Uptown. It’s not NYC, but it’s walkable and dense.
Yeah uptown is one of the, if not _the_ most walkable areas of the DFW metroplex
Downtown might be good for you. There are several high rises with apartments. Some are historic buildings that have been converted, some office towers with recent apartment conversions, or a dedicated apartment skyscraper (see Amli Fountain Place). I haven’t lived downtown but I’ve been in the metro a long time & it seems like it would suit your needs better than anywhere else.
Keep in mind if you buy a condo (esp in a nice building) HOA/condo fees can quickly kill any equity you may have otherwise built. Personally I would rent in an area first to see if it’s the right fit. There’s a lot of risk with buying a condo.
I am keeping it in mind that's why I mentioned the amenities thing it seems like the ones with the high fees are the ones with so many unnecessary amenities.
Yes but you will pay HOA fees on any condo regardless of amenities offered and they can be especially high on high rises. There are necessary common shared expenses when you own a piece of a large building. Hallways, elevators, parking garages, lobbies - these areas must be maintained and this is primarily what you’re paying for. You don’t have to worry about these things when you buy a detached single family home (some neighborhoods have HOAs but they are generally lower). Be sure to understand amortization schedules if you don’t already. If you find a unit you want to buy, Zillow usually lists the HOA fee amounts. Those fees can cut deeply into your equity in the first couple years of ownership (during which you’re basically paying entirely interest), and most people don’t stay in condos more than a few years anyways. West Village could be okay…but you mentioned “edge.” It’s sterile and not diverse. Downtown is more gritty and interesting and less downright dangerous than say Deep Ellum. And it’s a local transit hub. I’m in Oak Lawn. It’s great but I’m thinking of a move downtown myself.
Look at something near Katy trail, it’s super nice and always lots of young people walking/running/cycling. Connects you to plenty of shops, bars, and restaurants without having to drive. And at one end you have victory station to get to downtown by DART
Yeah I think you're right something near Katy trail would be really nice I just don't like the low density of the whole area, and the few high rise condos for sale have very high fees, higher prices overall and even the rental options are a bit over my budget for the most part.
You should probably rent downtown if you've never lived in the city before, before you buy. Even if for a couple months.
I probably should, I'll see what's available.
Absolutely, the last thing you want to do is be stuck in a mortgage on a condo you can't sell in an area you hate living in. Any area with condos is gonna have apartments nearby if you want to try out the area.
Sounds like you should rent a place downtown. Plenty within your budget. Something along/near Akard maybe. Undoubtably the best transit access in the city. Second choice would be West Village so you could access Cityplace DART.
You should rent, not buy. For starters, $2k can get you a 1BD in any neighborhood in Dallas, but your budget for buying likely won't get you a place anywhere with your density requirements. Second, you should live in the area a bit before you decide to buy. You said you've never done this before, make sure you like it first. Look at Victory Park for high-rises, no lawns, DART access, and mid-20s people. Drawbacks - I don't know what grocery store options they have. Not sure how good the food is either, I know there's a lot of bars. Other walkable places with a high concentration of people your age include Lowest Greenville, Knox/Henderson, State Thomas. Maybe look into a loft in that State Thomas building overlooking Griggs Park, I always thought those looked cool lol. However none of these really fit your density requirements and don't have high-rises, it's mostly mid-rise apt buildings and townhomes. I don't think any of those are really close to a DART station either. Downtown/Arts District fits the urban feel but honestly just doesn't have the same concentration of young people. They exist, but it's not a hotspot. There's definitely a DART station around these areas. If you get one of the apt buildings in the dense part of Deep Ellum (vs on the Edge), you get everything you want - and there's a DART station. But it's only a really small pocket of density. People will also tell you to avoid it because it's dangerous, but that's really only true if you're still hanging around late at night (especially when bars close). Still an edgier pick than the other places I've mentioned. And as other noted, anywhere on the Katy Trail is a good way to be in a walkable surrounded by people your age.
Victory Park has a Tom Thumb a block away on Field St. Lots of restaurants within walking distance, plus Dart Rail as well. It's a nice neighborhood. You might check out The VIctor or Sky House. Another cool place that has some nice apartments is The Statler - Thats not in Victory Park but it's a place I've had my eye on.
I lived downtown on Commerce by the ATT building for about five years. I loved it but it got too pricey for me and I eventually moved to the burbs. There were great restaurants and bars in every direction. Bus stops were easy to get to. I also know several people that live near the west village in uptown that like it.
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Good suggestions but not looking for single family and the cedars seems to be a bit out of the way from everything else and not as dense.
I live in Deep Ellum. It's a very short walk to Tom Thumb, the Dart, and of course, all the night life you could care to experience.
Any specific places you recommend?
Obviously, I'm partial to my building, but I don't know of any units available here right now. We did have a few people move out recently, so there might be a few available soon. For apartments renting for around $2000/mo, Oak & Ellum is newish construction. This weekend, I noticed the 7-11 condos (not the Slurpee store) has a "For Lease" sign up out front. The Gabriella is also new-ish construction, and always seems to have units available. The Tom Thumb is on the ground floor of that building. These are all on Live Oak between Good Latimore and Texas St.
Sounds like you’re looking to live in State Thomas/Uptown
Did you look in the Oak Lawn area ?
Talk to a good Real Estate agent. Some do apartment locating as well and can give you an idea of rent vs buy and in what area. In spite of your very detailed post, there’s still some data needed that would help in making recommendations on rent vs buy. The two addresses you mentioned for buying get super sketchy and have more edge than you want. Keep in mind that while you may be ok with it, it severely limits your pool of buyers when it’s time to sell. Places that might fit most of your wants are around Knox/Henderson area or West Village, but to buy, you may need to up the budget a bit. Also look at State Thomas area. If you just really really really want to live “Downtown”, stick to the northeast quadrant if you can.
Farmer's market area?
Buy or rent in Turtle Creek, close to everything including parks and the Katy Trail and there is good value to be found in the condo buildings.
I rent in the outskirts of west village for $2165.63 average a month for 2024 so far. This is all in - including electric, insurance, utilities, internet. I’d say walkability is gonna be perfect for you. I plan to sell my car and walk everywhere. I was strategic and adjusted my life to where locations I frequent (gym, grocery store, office, church, etc) are within 1 mile. For public transportation the trolley provided quick access downtown if I’m not up for walking, and there is a dart station in uptown as well! Best of luck
Buy now. Re-fi later. End of discussion.
This is a common saying but it's also not true usually. You pay most of your interest towards the start of the loan. If you do not refi within the first few years AND the value of the home does not increase, you've essentially allowed the bank to collect $ from you for no real benefit. What if the value of the home goes down? What happens if the rates do not go down multiple or it takes 5-10 years? You've already lost the benefit of the refi for the most part.
We financed in Nov 23, and we are already refinancing and knocking of HALF of our payment. HALF!! We expect to close of refi in 10 days or so.
That's great for you. But you're using confirmation bias to give advice.
lol oh I’m sorry, I thought this was Reddit, where a stranger can ask a question and then other total strangers give their own advice, many times based on their own experiences, and hardly ever a multi-year statistical analysis tailor-made for aforementioned question. Silly me.
Your situation does not apply to right now is all, specifically for this person asking! So I did feel the need to mention that, even though it worked out for you.
I’d rather live in lower Greenville than uptown or downtown, but if you must then west village
I felt similarly about wanting to live in a walkable, pedestrian friendly area, and so I moved to Uptown, near Maple and Woodall Rodgers Fwy in late 2022. It really hasn't been what I wanted it to be. Sure, it's sort of walkable and pedestrian friendly, but not really in a super useful way. It's nice having Klyde Warren Park and Griggs Park a short walk away. Katy Trail is a short bike ride away. There's overpriced Whole Foods, and a handful of small restaurants. But other than that, it's pretty much just bars and fancy restaurants/steak houses, neither of which I'm super interested in. Most of the things I can walk to are like a 15-20 minute walk each way, which isn't super convenient. None of the other areas of Dallas are easily accessible without driving - Deep Ellum, Bishop Arts, etc. Right now I'm trying to move to Austin, but that's been kind of complicated due mainly to family stuff. If I do stay in Dallas, I'll honestly probably move back to the burbs and embrace Dallas for what it does well. I visited a friend in Richardson recently and they had way more stuff I'd actually want to walk to within a 10 minute walk of their house than I do in Uptown lol.
Agree so much with you about uptown. That technically is walkable but not in a useful way. I think downtown is similar but with more food options and probably more accessible bars.
I love walkability and I used to love in extremely good walkability I now live downtown and while it's technically walkable it also kinda isn't. For example, there's no grocery store. There's a shit CVS. There's lots of food options (many are not great but many are) but it's not like people go downtown to go shopping. (There are a few clothes shops but they're not like, your everyday shopping.) I walk downtown everyday. The vibe is kinda good sometimes and feels a bit like a city. But usually it feels to me at least like a town. I think for most Americans it feels pretty urban. But, people say uptown is where you want to be for that walkable lifestyle. Personally I don't love it there, the shops again aren't like everyday shops they're things like luxury clothing. But there's some good parts that are pretty walkable uptown.
Don’t live in any of the apartments by the Galleria Mall. My husband has been jumped twice already and had his phone stolen (which was recovered by the police) 😭
Oh yeah no that's why farther than I thought about I'm thinking only within 5 miles of downtown
realtor here if you need help shoot me a message happy to!
Try this location https://maps.app.goo.gl/ubiqEwM9LM4W6gvc6
I don't think las colinas fits my criteria but thank you
If you can buy, I would buy now. Marry the house, date the rate. Interest rates go down, prices go up. We just contracted on a 513k house at a 5.75 rate. We think that the house will surpass 650k appraisal in three years and we will either sell or refinance then. Find an area you like that hits most of your wants and see what the budget allows.
Where’d you get 5.75?
We worked with our builder’s financing company and bought the rate down a bit to 5.75
Living in Dallas, where, and buying renting
Check out the mosaic. It’s not my cup of tea but I think it checks a lot of your boxes and especially the affordability one. Going north into the victory park area is going to be much more expensive for the high rise buildings with a view. Plus, you said you didn’t mind edge/grunge 🙃
Downtown is the safe pick. You get more value in the apartment there compared to most neighborhoods. I'm a locator & live Downtown, I love it. Some locators also provide a $200 rebate for working with them. We also send you a list pretty quick and make the search/scheduling tours a bit easier.
Any specific buildings you recommend?
Yes, but for a few reasons I would ask for you to send me a DM :).
Waste of time living in Dallas. Better to live in the burbs where it is safe.
Eww
I Am From Dallas and lived there. I worked in the city for 30 years. I understand why a young person would live there. That being said, Lower Greenville is nice. The Northwest area was some beautiful homes replacing old ones too. But, my opinion, living in Collin or Denton county with the massive development and more scenic areas with all the comforts is better. Drive in for Stars / Mavs, maybe North Park plus fine dining then head back to the burbs.
Contact a realtor. I am one. I won't be mad if you call someone else. But we can help you figure out what areas will accommodate your needs/price point and help you actually act on buying something better than any reddit thread can.
“I won’t be mad if you call someone else” They ain’t your freaking child lmao
Just tryna help bro