Almost 40 percent of the homes sold in the Dallas area last year didn’t go to owner occupants. Instead, these properties sold to house flippers, investors, developers and builders, according to just released information from Attom Data Solutions. “That’s the highest share of purchases going to non-owners in Dallas since 2000,” said Darin Bloomquist, economist with Attom Data. “The long-term average for the city of Dallas is about 25 percent, and this was way above that average.” Nationwide about a third of home sales went to investors or other non-occupant buyers last year.
The “A” rated markets in the Dallas area for investors are as follows:
- Flower Mound