And Megatel Homes says moving to the Dallas area is a huge part of its success

The 15-year-old home builder sells homes and townhouses across North Texas and made more than 200 sales in January. Home sales reached a record $ 92 million

“I’m delighted that despite the impact of a global pandemic in January 2021, Megatel Homes had a record that followed a record year for our company in 2020,” said Zach Ipour, co-founder of Megatel, in a statement the commercial industry has many shortcomings due to the pandemic, residential property sales are booming The only challenge is that supply does not keep pace with increased demand

“Our strategic focus on the more affordable end of the real estate market, which offers higher density products, allowed us to break our previous record and close more than 200 sales in January”

Megatel representatives say corporate moves from out of state to Texas helped the company’s record start by 2021

“The business and research-friendly environment, attractive tax rates, regulatory climate, workforce and access to global markets are just a few reasons several companies have recently moved to the state,” said Ipour

Ipour said the Texas governor’s office currently has 196 active move or expansion projects in the pipeline “

“Buyers’ priorities have shifted when it comes to living conditions, with more people moving from major cities to more rural parts of the Dallas-Fort Worth area,” he said. “In addition, the protection orders that came into effect during the pandemic have the Increased importance of life situations for most people ”

Home starts in the D-FW region increased by a third in 2020 as record mortgage rates and the lack of second hand properties in the market drove new home sales in the region

“I’ve had sales conversations with many of our clients, and a big January was generally universal,” said Ted Wilson, principal at Residential Strategies, a Dallas-based real estate analyst

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Source: https://www.dallasnews.com/business/real-estate/2021/02/11/dallas-builder-says-moves-to-area-drive-sale/