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Market Trend Watch: Arlington, Texas.
About Arlington: Arlington is the fiftieth-most populous city in the United States, and is also the seventh-most populous city in the state of Texas. Arlington has grown immensely in the past decade, and is now considered the largest city in the state of Texas that is not a county seat.
Arlington is home to many different industries that make up the thriving economy. The University of Texas at Arlington, a doctoral-granting research institution, calls Arlington home, as well as the Arlington Assembly plant used by General Motors, the Nuclear Regulatory Commission Region IV, and Texas Health Resources. Additionally, Arlington hosts the Texas Rangers’ Globe Life Park in Arlington and the Dallas Cowboys at the AT&T Stadium.
Arlington borders such suburban cities as Fort Worth, Grand Prairie, Kennedale, and Mansfield.
Population of the Dallas-Fort Worth-Arlington Metro
Population in 2016: 7,268,910
Projected Population in 2030: 38.1% Growth
Median Household Income: $53,055
Income Per Capita: $25,236
Cost of Living Compared to U.S. Average: 3% Below
Market Data
Median Home Value: $171,600
Home Value (Year-over-year): 4.37% Increase
Home Value Forecast (one year): 4.5% Increase
Median Home Listing Price: $254,000
Median Home Listing Price Per Square Ft.: $99
Price Index Change (Year-over-year): 9.2% Increase
Median Rent Price: $1,395
Median Rent Per Square Ft.: $0.86
Rental Index Change (Year-over-year): 1.22% Decrease
Home Sales (Year-over-year): 47% Increase
Noteworthy Numbers
3.9% – Unemployment rate compared to the national average of 5.2%.
1.2% – Projected job growth.
29 – Median home age compared to the national median of 37.
8.93% – Percentage of vacant housing in Arlington.
15.62% – Home appreciation in the last five years compared to the national average of 16.02%.
This unmet demand for housing and a shortage of affordable residential homes has put real estate investors in Arlington in the perfect place to profit. To invest in Arlington real estate is to increase inventory supply, and New Western Acquisitions holds the key to this conquest.
By encouraging investments in off-market properties and providing deep discounts, New Western Acquisitions’ goal is to increase investor profit, meet demand for homes, and accommodate consumers who are searching for housing within budget.To provide an adequate supply of updated, affordable homes, the real estate brokerage firm gives real estate investors access to off MLS investment properties that can earn a wide profit margin. New Western’s low property prices and exclusive discounts are meant to benefit investors with significant profit when they flip or rent, their property investment.
Start off on the right foot and search for Arlington properties that are perfect for your next real estate investment. By flipping distressed properties in Arlington, you’ll be provided with a property deal that has been pre-screened to provide a high ARV. All of our investment properties in Arlington are deeply discounted: sometimes be more than 50% lower than the market price!
New Western provides investors with wholesale real estate deals in Arlington with exclusive access to off-market properties that aren’t available to the public. Since our properties aren’t even released on the MLS, you’ll have exclusive access to deep discounts on Arlington real estate before investment properties anyone else.
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