Economic growth has been helping to drive jobs and real estate prices up all over Texas, and Irving’s property market is no exception. In fact, housing prices in the area have been breaking records for the last few years.
Economic growth has been helping to drive jobs and real estate prices up all over Texas, and Irving’s property market is no exception. In fact, housing prices in the area have been breaking records for the last few years.
This extreme growth in pricing, estimated to be over 90% of what it was just ten years ago, has helped drive more and more people to the rental market in Irving. Currently, almost two-thirds of all the people in the property market are renters.
And skyrocketing home prices are only making the property market as a whole even more competitive as more people in the area are looking to rent versus buy.
For property owners and landlords, the red-hot real estate market in Irving presents plenty of opportunities. Working with a local Irving property management company can help you identify and execute a strategy that can work for you over the long run.
That can mean everything from expanding the number of units you currently own to positioning your available units for the best possible rates and beating out the competition.
An experienced property management company in Irving knows the market and can help you with pricing, managing, and showcasing your units.
Are you interested in learning more? Get in touch with one of the property management companies below to learn how they can help.