DFW Among Hottest Markets for Relocating Homebuyers

The Dallas-Fort Worth Metroplex continues to shine among the most popular destinations for relocating homebuyers, according to a new report by Redfin.

The rankings were determined by the net inflow of Redfin users moving during the second quarter of 2022. Dallas-Fort Worth ranked No. 10 narrowly behind San Antonio, the only other Texas location on the list. The top relocation destination went to Miami.

During Q2, 25% of Redfin home searches in the DFW area came from outside the region, and the leading source of those searches were attributed to buyers from Los Angeles.

“The typical home in San Francisco or San Jose now costs more than $1.5 million,” Redfin Deputy Chief Economist Taylor Marr said in the report. “Add in today’s 5%-plus mortgage rates and you have a sky-high monthly payment. Those factors, along with more companies giving employees the permanent flexibility to work remotely, are driving a larger portion of buyers to consider homes in other parts of the country.”

Relocating to DFW

Are you relocating to Texas? Planning a move to a new state can be both exciting and stressful as you determine where you want to live and what area amenities you’ll have near your new home.

Mustang Lakes is a premier DFW community in Celina featuring new homes by acclaimed home builders and award-winning amenities, including the largest amenity center in North Texas. Many relocating residents call Mustang Lakes home. In fact, 54% of sales in Mustang Lakes in 2021 were relocating buyers.

Our community provides quick access to Frisco, Plano and North Dallas entertainment and retail centers. At the same time, you are moments from Celina’s charming downtown square, which hosts events throughout the year and features a variety of restaurants and boutique shopping.

The city of Celina is also among the fastest growing cities in the Metroplex. Over the past three years, the population doubled from roughly 18,000 to 36,000 residents.

We know you are going to love all that DFW living offers to relocating residents. When you live in Mustang Lakes, you’ll be able to enjoy an easier pace of life with convenient access to the big city nearby.