Our CIO, Graham Sowden, was recently featured in Travel + Leisure’s article on the 10 Best Places to Live in the South. He highlights why Dallas, Texas, consistently ranks as a top choice thanks to its robust economy, vibrant culture, and affordable cost of living. Ranked at number 5, discover Graham’s insights on why Dallas is a popular destination for both singles and families.
05 of 10 | Dallas, Texas
“Dallas emerges as a top choice… for its dynamic economy, cultural diversity, and favorable living costs,” says Graham Sowden, chief investment officer at RREAF Holdings, a private real estate investment and development firm. Though downtown Dallas has experienced climbing real estate prices in recent years, U.S. News & World Report notes that the greater Dallas-Fort Worth area “offers a better value than similarly-sized metro areas when comparing household costs with median household income.”
If the average Dallas home value, estimated by Zillow to be around $320,000, isn’t in your budget, consider exploring more affordable suburbs. Places like Duncanville, Irving, Mesquite, and Wilmer are all within 20 miles of Dallas, giving their residents relatively easy access to all the Dallas highlights — including its international airport, art galleries, museums, and ever-impressive roster of hotels and restaurants.
We appreciate and thank Travel + Leisure, especially Lydia Mansel, for giving us the opportunity to speak about the current real estate market. To access the full article on Travel + Leisure’s website, please click here.
