Archive for May, 2017

Lack of Attainable Housing Stymies Millennial Generation. Houston Cranking Out Entry Level Homes.

Why many would-be home buyers are renting — for now Here’s the good news: Income growth among 25- to 34-year olds — the millennial generation — grew 5.6 percent last year. And first-time homebuyer loans are up. Millennials are buying homes and debunking the myth that they don’t want to be homeowners. High student loans are beginning to fade in…read more →

D-FW home prices top national median for first time in Realtors’ survey

By Steve Brown and the Dallas Morning News The Dallas-Fort Worth area had one of the biggest home price increases in the country in the first quarter. D-FW median home sale prices were 12.6 percent higher than in 2016, according to the National Association of Realtors quarterly home price survey. The Washington-based trade group looks at 178 U.S. metropolitan areas…read more →

Houston developer Hines revitalizing acres of North Dallas into high-end community

Photo courtesy of Dallas Morning News and Nathan Hunsinger/Staff Photographer) Article by Steve Brown and the Dallas Morning News You may need a map to find one of the biggest new home communities being built in North Dallas. Just a couple of blocks north of Presbyterian Hospital on Meadow Road, the 300-home residential development is going up in a neighborhood once…read more →