Dallas Real Estate Report

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 →

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 →

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 Toyota effect: DFW a beacon for companies from Japan and beyond

Article by Mitchell Schnurman and the Dallas Morning News Call it the Toyota effect. Two years ago, when Toyota said it was moving its U.S. headquarters from Southern California to Plano, the announcement made national headlines. The automaker was bringing up to 4,000 jobs and investing hundreds of millions of dollars. With its stature in Japan and beyond, the move validated…read more →