Investors Enjoy Sizzling Hot Housing Demand in DALLAS!

Demand for housing in and around Dallas, Texas continues to soar. While investors have been pouring millions of dollars into creating more affordable housing, the metro is attracting so many people that tens of thousands of homes are still needed. Supply isn't expected to catch up to demand any time soon. An article in Bisnow says that investors have put a record amount of money into the area, but it hasn't done much to close the affordable housing gap. Executive director of the Texas Affiliation of Affordable Housing Providers, Roger Arriaga, says: "The demand is excruciatingly big. We haven't really even dented what the true need is for affordable housing."... ...This is why we started a North Dallas Rental Fund, which is now closed to new investment, but is still in the process of buying and renovating properties. The plan is to lease the updated homes to tech professionals who are moving to the area. My fund partner is also a property manager and helps individuals build their own rental portfolio. You can find out more about that by signing up for a free RealWealth membership at newsforinvestors.com. You can also learn about the Dallas market by attending our live event on Saturday, May 4th, in San Francisco. There's more information on that at our website at newsforinvestors.com. That's it for this episode. And be sure to sign up in advance for the live event on May 4th in San Francisco. We'll have a total of six property teams giving presentations, plus a cocktail party afterward. Just go to newsforinvestors.com, click on Connect and then Live Events. And please remember to subscribe to this podcast if you haven't already! Thanks for listening! Kathy Links: 1 - https://www.bisnow.com/dallas-ft-worth/news/affordable-housing/behind-the-eight-ball-record-levels-of-investment-have-barely-dented-the-need-for-affordable-housing-in-dallas-123668 2 - https://www.nar.realtor/newsroom/in-the-news/austin-dallas-fort-worth-seen-as-nations-top-two-home-markets-in-2024-houston-no-6-the-dallas