Dallas Fort Worth Real Estate Blog

Overland Grove Forney TXAs the DFW housing market keeps getting tighter for entry-level home buyers, local developers are continuing to look for more opportunities to build affordable houses. As highlighted by the Dallas Business Journal, one Dallas-based development group just recently started construction on a sprawling, 336-acre master-planned community in suburban Forney, which will offer plenty of new homes at reasonable prices.

Called Overland Grove, the community will bring over 1,000 homes to the area when finished but will of course be built-out in phases. Located between Highway 80 and Interstate 20, Overland Grove will certainly provide easy access to downtown Dallas, and it’s also expected that the average cost of a home here will settle somewhere around $300,000.

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DFW Home PricesThe DFW housing market is tight in just about every category right now, but demand for less expensive, entry-level homes continues to skyrocket. According to a recent report from Zillow, less than 15% of the homes sold in North Texas in 2017 were priced under $140,000, and prices for homes that are considered to be entry-level have risen by a jaw-dropping 78.8% just since 2012.

Dallas certainly isn’t the only market seeing significant price increases for entry-level homes, however, as prices on a nationwide scale have jumped 44.4% since 2012, and 8.5% in 2017.

For comparison, the most expensive homes in the U.S. only saw a 3.6% increase last year.

Also noted in the Zillow market report was that total residential property values in DFW increased

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Dallas High Rise Apartments For RentIn a region renowned for its Texas-sized homes and properties, some of the most appealing options for real estate rise high above the rest. In fact, some of the top Dallas/Ft Worth apartment high-rises of 2018 offer beautiful residences and impressive added amenities.

The Jordan 

Starting out in Uptown Dallas, The Jordan offers modern luxury, complete with a 24-hour concierge and electric car charging stations. This impressive building of more than 200 units includes the choice of one- and two-bedrooms as well as penthouse homes, with plenty of custom features throughout.

Glass House 

Also in Uptown, the Glass House high-rise features sweeping floor-to-ceiling windows, providing sensational views of the surrounding area. As well, the property

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Frisco New Construction DevelopmentIt seems like monster residential developments with plans to add hundreds of new homes are popping up all over DFW, and local home builder and developer Green Brick Partners Inc. is just the latest to get in on all the action.

According to a recent report from the Dallas Morning News, Green Brick just acquired three parcels of land in suburban Frisco, which will be used to build and develop over 1,000 new homes.

The project will be located on Coit Road and Eldorado Parkway and include anywhere from 172 to 354 homes, not to mention offer a range of property-types and price ranges.

Construction for one community called Frisco Springs is already underway, and other neighborhoods are expected to begin construction over the next couple years.

Encompassing 97

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L2 Uptown Apartments For RentUptown is easily one of the hottest neighborhoods to begin a new home search in Dallas right now, especially if you’re in the market for a newer construction apartment. In recent years, development all throughout the Uptown neighborhood has been booming, and many of the highest-profile projects in the area have been large-scale apartment buildings and high-rises that are nothing short of spectacular. 

Among them is the new L2 Uptown building, which sits nestled in between Lemmon Avenue East and Lemmon Avenue West right in the heart of the neighborhood. Offering prospective tenants luxury living at its finest, L2 Uptown features premium interior finishes and features, insane views of downtown Dallas, and a collection of lifestyle amenities that doesn’t

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DFW Townhomes For SaleA sleek new townhouse community is being built in Oak Cliff, and it’s one active home buyers in the area should definitely take a closer look at during their search. Dubbed Asher Place @ Live Oak, the complex will feature 26 new townhouse residences with both two and three story floor plans, providing ample space for a wide-range of today’s modern city dwellers. 

If you aren’t already familiar with the development, it’s being built by Centre Living Homes, which is a custom home building company that’s known for using the latest innovations and design trends on their projects, and Asher Place @ Live Oak is certainly no exception.  

Inside, each unit features innovate open-concept layouts, European-style bathroom surrounds, highly upgraded kitchens

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New Construction Townhomes DallasMore residential construction is in the works for West Dallas, according to a new report from the Dallas Morning News. Oaxaca Interests, the same development group behind the trendy Sylvan | Thirty mixed-use project, has already started construction on a new 16-unit townhouse community, which only sits just two blocks away at 707 W. Commerce Street.

Designed by architect Far + Dang, each townhouse will offer 3 separate levels and have a distinctly modern look and feel, boasting a metal and wood exterior that’s perfect for anyone who loves and appreciates somewhat of an industrial flair.

This particular part of Dallas is certainly one that lacks residential options for home buyers to consider, so new development should be well-received by anyone who

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DFW Real Estate Market in 2017The DFW real estate market had a tremendous 2017, and if you follow this blog regularly, you’ve certainly noticed us writing about it consistently for the past 12 months. But for additional perspective on just how busy the marketplace was in 2017 consider this: nearly 40% of all Dallas-area homes that sold last year did so for over the asking price. 

For comparison, only around 1 in 4 homes nationwide sold for more than the original ask price. 

But here in DFW, a robust job market that continues to grow, low interest rates, and low supply levels for almost as far back as we can remember have all combined to make it one heck of a sellers market, both in 2017 and on into early 2018. Furthermore, inventory isn’t expected to expand significantly over

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Luxury Condos For Sale in DallasEverything’s bigger in Dallas, and it seems some condo towers are also the most expensive.

1918 Olive

Known as Penthouse 42, 1918 Olive includes a top floor unit with more than 8,400 square feet of living space, in addition to a large terrace and even more rooftop space. Priced at $13.5 million, the luxurious Museum Tower also includes some other multi-million dollar units, along with dual owner’s lounges, a private dog park and an 80-foot swimming pool.

2525 N Pearl

Located at 2525 N Pearl, the Ritz Carlton Tower tops the Ritz Carlton Hotel and Spa. With the luxury of five-star hotel amenities, the condos of this building are also priced in the multi-million dollar range, joined by a full service spa, fitness center, concierge and valet.

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Polo Ridge Ranch Homes For SaleMore development news for DFW—surprise, surprise! Well, it seems as if purchasing the former Hicks estate isn’t the only major move local developer Mehrdad Moayedi is making.

Also according to a recent report from the Dallas Morning News, the CEO of Centurion American Development Group has a new 800-acre residential project in suburban Mesquite currently in the works—one of the largest this community has seen in years.

Called Polo Ridge Ranch, the new development, which was just approved by city officials, will be located just south of Interstate 20 near the Trinity River and include over 1,000 single-family homes, as well as plenty of large, open spaces for residents to enjoy too. In fact, about 400 acres of the 800-acre development site will be

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