Even though Dallas-Fort Worth has fallen in the rankings from the top spot two years ago to the No. 5 ranked city in the Emerging Trends in Real Estate 2018 report, PwC Partner Mitchell Roschelle said there’s no indication investor interest has swayed from Big D.
Dallas-Fort Worth, the most populous city in the Lone Star state, ranked behind smaller U.S. cities, including Seattle (No. 1), Austin (No. 2), Salt Lake City (No. 3) and Raleigh-Durham, North Carolina (No. 4), on the investor sentiment published by PwC and the Urban Land Institute.
Real estate investors have had a growing interest in smaller cities because of their relative affordability, coupled with a concentration of young, skilled workers, said Roschelle, who authored the report based on interviews and survey responses from more than 1,600 real estate professionals.
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