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Dallas Apartment Rent | Biggs Realty Blog

Friday, November 26, 2021   /   by Kenneth Brands

How Will Foreclosures and Rising Mortgage Rates Impact The Dallas-Fort Worth Real Estate Market?

With the forebearance program coming to an end and mortgage rates beginning to rise, home buyers and home sellers are turning to local real estate experts to understand how this will impact the Dallas-Fort Worth Real Estate Market. 

With all of this uncertainty, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that bad news sells. Unfortunately, I expect we'll continue to see a rash of troublesome headlines over the next few months. To make sure you aren’t paralyzed by a headline, turn to reliable resources like Biggs Realty for a look at what to expect from the housing market in 2022.
There are already alarmist headlines starting to appear. Here are two recent topics you may have seen in the news.
1. Foreclosures Are Spiking Today
There are a number of headlines circulating that call out the rising foreclosures in today’s real estate market. Those stories focus on an overly narrow view on that topic: the current vo ...

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Friday, November 12, 2021   /   by Kenneth Brands

Rent Prices Surge Across The Dallas-Fort Worth Metroplex

If you are currently renting an apartment in the Dallas-Fort Worth Metroplex, odds are you've already received notice that your monthly rent amount will be increased upon your next lease renewal. If by chance you havent received notice yet, brace yourself because it's coming soon! Rent increases have become a painful "norm" for apartment renters throughout the Dallas-Fort Worth Metroplex. Here's a look at how apartment rent increases compared across some of the largest cities in the D.F.W. metroplex.

McKinney, Texas: McKinney, Texas has seen the largest apartment rent increase out of any city in the Dallas-Fort Worth metroplex. Apartment rents in McKinney, Texas have increased by 25.2% compared to this same time last year. The median cost of renting a one-bedroom unit in McKinney is $1461, while the median monthly rent amount in McKinney for a two-bedroom unit came in at $1698. 
Plano, Texas: Apartment rents in Plano, Texas have increased by 1.2% over just the last m ...

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