Dallas-Fort Worth's hottest neighborhood for 2017 will surprise you
Real estate website Zillow has released its predictions for the hottest housing markets of 2017, and while Dallas-Fort Worth didn't make the top 10 — led by Nashville; Seattle; and Provo, Utah — the study did reveal some interesting info about Dallas-Fort Worth. Namely, which metro neighborhoods are on track to see the highest growth this year, and the winners may surprise you.
Home values in East Arlington are expected to jump 7.7 percent in 2017, based on the Zillow Home Value Forecast. Yes, East Arlington. That's technically where you'll find Six Flags and AT&T Stadium, bound by I-30 to the north and I-20 to the south, and just a little past Grand Prairie.
The list is rounded out by Heights Park in Richardson (7.6 percent), Brentwood Village in Garland (7.3 percent), South Dallas (7.1 percent), and Southwest Dallas (6.8 percent).
Richardson is not a surprise, thanks to the massive CityLine shopping and dining complex that's announcing new tenants seemingly every other week. And South Dallas, especially Oak Cliff, is seeing a surge in home prices as flippers get their hands on the vintage homes and the Bishop Arts District continues to grow.
But frankly, we saw East Dallas as the area everyone's clamoring to get into, based on local real estate agents' expertise.
No matter where you're looking, it's still true that buying is cheaper than renting in DFW. Though that certainly may change over the course of the year, prospective homebuyers should keep an eye on these sizzling neighborhoods as they begin or continue their house hunt.