The Dallas-Fort Worth real estate market is always changing, especially as thousands of new residents flock to the area each year. Who would have predicted 20 years ago that Frisco — then just a tiny far-flung suburb with fewer than 10,000 residents — would today be one of the hottest places? Dallas Morning News real estate editor Steve Brown recently offered his predictions on Dallas’ next hottest places in a Reddit “AMA”.

The Changing Apartment Landscape

Right now, Dallas has one of the largest numbers of apartment buildings under construction in the country. Although these apartments will solve some of the housing shortage in the area, it doesn’t appear that apartments will take over the local housing market.

Photo by Drumguy8800 / CC BY-SA

Victory Park is Going to Get Busier

In many ways, Downtown Dallas still has a lot of untapped potential, especially compared to the downtown areas of other cities like Chicago. The area around the American Airlines Center, Victory Park, is going to get busier. As many as 3,000 people are expected to move into the area by this time next year. That will result in getting more people to spend time at restaurants and nightlife in Downtown Dallas.

Photo by Ken Lund / CC BY-SA

The M Streets Will Retain their Value 

The M Streets area in Greenland Hills has long held the reputation as one of Dallas’ most desirable neighborhoods. It’s perennially popular with people who want to have a bit more of a settled-down, kid-friendly lifestyle without having to move to the suburbs. According to Brown, the houses in this area are only going to increase in price as demand stays strong. Expect to pay nearly double the average price per square foot.

Celina, TX / Photo by Nicholas Henderson / CC BY

The Next Hot Areas

The Dallas-Fort Worth region includes almost 9,000 square miles of land, so there’s still a lot of room to grow. Brown predicts that Prosper will not be the new Frisco because it doesn’t have the zoning or land. Celina is already seeing growth, which is further north than Prosper. Brown suggests Gunter may be the next far-flung exurb to watch, which is 10 miles north of Celina.