Archive for July, 2016

DFW’s hottest home markets in 2016 are modest-price spots; see how your area compares

By @SteveBrownDMN and the Dallas Morning News Halfway through the year, the Dallas-area housing market is starting to move in different directions. In neighborhoods where the median sales price of homes is below $300,000, sales are booming. Home buys in the first half of the year were up by double digits in markets including Lancaster, Cedar Hill, DeSoto, Garland and…read more →

With costs through the roof, DFW builders rarely construct affordable homes

By @SteveBrownDMN and the Dallas Morning News North Texas residents looking for an affordable new home may soon be out of luck. That’s because homebuilders are continuing to focus on the mid and upper-priced market while all but abandoning the lowest-priced new housing. Starts of new homes in the Dallas-Fort Worth area priced between $200,000 and $250,000 dropped more than…read more →

Wilbow Corp Acquires Land Sites From Centurion American Development

Article by @SteveBrownDMN and the Dallas Morning News A Dallas-based developer has purchased stakes in two residential projects. The home communities are among several properties sold by Centurion American Development Group, a Farmers Branch developer that’s recently come under scrutiny. Wilbow Corp. acquired ownership in the Llano Springs residential community southwest of Fort Worth and the Granada community in Westlake…read more →

Dallas home prices continue to rise at blazing pace

Article by @SteveBrownDMN and the Dallas Morning News Dallas-area home prices are growing at one of the fastest rates in the country, according to the latest nationwide comparison. Dallas prices were 9 percent higher than a year ago in the latest Standard & Poor’s/Case-Shiller Home Price Index. It was the greatest price gain since February. Nationwide prices were up 5…read more →

The Highs and Lows of Today’s Houston Multifamily Market

Realtynewsreport.com interview Teresa Lowery, Senior Managing Director of Multifamily, Colliers International Houston. Houston’s multifamily market has seen better times. The sector’s pricing is weak, rent growth is close to disappearing and multifamily construction continues unabated. Free rent is being offered in some neighborhoods.  Can the situation get worse?  Or better? To find out where the multifamily investment market is headed, Realty…read more →

Candy’s Dirt – Crescent Communities Brings their A Game to Bishop Arts District

by Amanda Popken and CandysDirt.com Just as our trolley track construction wraps up and the Bishop Arts stop comes online, expect the building construction to begin. Developer Alamo Manhattan has made headlines with their infamous Bishop Arts project, hopefully designed a bit better now than at first. Their Phase 1 plans would create a five-story full city block with residential above…read more →