Dallas New Homes

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 →

D-FW new home sales jumped in fourth quarter but builders couldn’t keep up

By Steve Brown and the Dallas Morning News North Texas new home sales rose 14 percent in the fourth quarter from a year earlier. But even with strong demand, Dallas-Fort Worth builders couldn’t break the 30,000-home start barrier in 2016. Builders started 29,337 new homes in the area last year — an increase of only about 5 percent from 2015 levels, according…read more →

D-FW, Portland lead country in home price gains at more than twice national rate

Steve Brown and the Dallas Morning News Dallas-Fort Worth home prices are rising at more than twice the nationwide rate. D-FW housing prices jumped 12 percent in August from a year earlier, according to a new report by Zillow. Only Portland, Ore. – with a 14.8 percent year-over-year increase – had a larger price hike in Zillow’s study of major…read more →

$700 million lakeside community opens east of Dallas near Lake Ray Hubbard

By Steve Brown and the Dallas Morning News A $700 million residential community is opening its doors on Lake Ray Hubbard. The 787-acre Heath Golf & Yacht Club development near Rockwall will have 1,200 homes and an 18-hole golf course. The residential community is near U.S. Highway 80 and has homes starting at more than $300,000. Builders in the project include Dunhill…read more →

DFW Housing Market: Growth Slows, Affordability Erodes

BY CHRISTINE PEREZ and D Magazine New North Texas homes priced under $250,000 are disappearing from the market, according to Metrostudy’s second-quarter 2016 study. New residences in that range dropped nearly 20 percent. The findings represent a “radical shift” from lower new-home prices, according to Paige Shipp, regional director of Metrostudy’s Dallas-Fort Worth region. “Over the past two years, starts below…read more →