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Survey Reveals Dallas is a Top Home Market

First Texas Homes

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Guided by more than 45 years of experience, First Texas Homes is one of the largest privately owned homebuilders in Texas. Based in Dallas, First Texas Homes constructs residential homes in the Dallas/Fort Worth and Houston areas.

Recently, JPMorgan Chase teamed up with Pulsenomics to measure home confidence levels in the United States. Known as the Chase US Housing Confidence Survey, the poll analyzed data from about 15,5000 households around the country and tracked three key aspects of consumer confidence: aspiration for homeownership, expectations for home affordability, and view of current market conditions. Confidence was then given a score between zero and 100, with a score of 50 indicating positive readings.
According to the survey, Dallas rated as the top home market in the country. About 80 percent of renters in the area said they felt confident about owning a home in the future. About 70 percent believed they would buy a home within five years.
The survey also gathered data from current homeowners. In Dallas, more than 60 percent of respondents think now is a good time to sell their home. This market strength is thought to come from the booming job market in Dallas along with an increase in home shoppers throughout the country.