Dallas Fort Worth Real Estate Blog

DFW Real Estate Market

According to recent housing report from the Federal Housing Finance Agency, interest rates on conventional purchase-money mortgages are already starting to increase slightly as we continue to push through the busy spring season and approach the summer months.

While the rise in rates is hardly a surprise and has been widely expected by many real estate and mortgage professionals, those planning to buy a home sometime in 2015 might want to move forward sooner rather than later.

Numbers published by HOUSINGWIRE show that from February to March, the average interest rate on a conventional, 30-year, fixed-rate mortgage of $417,00 or less jumped 4 basis points from 3.91% to 3.95%, while the effective interest rate on all mortgage loans in March locked in at

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Hebron 121 Station, Transit-Oriented Development

Despite some millennials finally starting to enter the housing market to test the waters of home ownership, others are perfectly content with renting, consequently making transit-oriented development as popular as ever around the DFW area. Long gone are the days of time-consuming commutes to work, having to drive everywhere you go, and the overall inefficiency of how we once viewed a traditional suburban lifestyle.

Instead, today’s younger generation is much more focused on driving living costs down anywhere they can, which often means ditching the car and all the expenses that go along with it and alternatively using public transportation wherever possible.

Making headlines earlier this week was one of DFW’s most popular transit-oriented developments,

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Affordable Neighborhoods in Dallas

With DFW home prices at record levels right now, many home buyers, especially first-timers, are finding themselves looking for a home or condo that’s located in perhaps more of an up-and-coming part of town rather than a trendy, already-established neighborhood that features more expensive housing.

The real estate market in Dallas is much like any other major market, in that location is often a top-priority for many active buyers browsing active homes for sale. But with market conditions scorching hot right now and inventory quite low in most parts of town, it doesn’t hurt to think outside the box every now and then in hopes of finding a great deal, or even a home or condo that could have a great long-term value.

So if a value play might sound like a

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DFW Home Prices

In case you haven’t heard, the DFW area real estate market has been exceptionally hot this year, and things only seem to be getting better as we push through what’s traditionally one of the busiest seasons of the year for the real estate industry.

Late last week, sales numbers were released from the month of April, and for the first time in history, median sales prices for single-family homes around North Texas rose to over $200,000. The official number, $207,000, was up 14 percent in April, but what’s even more incredible is that the median price of a singe-family home sold by a real estate agent in North Texas is nearly 60 percent higher than it was in January 2010, or right around the time of the worst part of the recession.

With this latest surge in

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Wildridge, Oak Point Texas

A lot has been written about the new master planned community that’s coming to Oak Point near Lake Lewisville, but given it’s going to cost $500 million to develop and encompass roughly 500 acres of total area, you can certainly see why.

Being called Wildridge, construction for the 1,194 new homes that are planned for the community is about to begin shortly, but along with that, renderings for a fancy new, nature-inspired amenity center have also recently been released, which will eventually act as a centerpiece for this dynamic new residential development.

Included will be an outdoor pavilion and pool area, which will fully be integrated with the existing topography and blend seamlessly into the natural landscape that surrounds the gorgeous Lake

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Melrose Heights Condos For Sale, Oak Lawn

If you love modern architecture and new construction, there’s a good chance you’ll be absolutely blown away by the striking new condo development in Oak Lawn known as Melrose Heights. Located at 4015 Wycliff Avenue and just blocks from Highland Park, the three fabulous condominium residences that make up Melrose Heights offer an authentic, upscale living experience that’s somewhat hard to find in a part of Dallas that’s known most for custom-built estates and other high-end single-family homes.

But unlike most traditional condominiums, condos for sale at Melrose Heights boast plenty of features that cater to those who prefer lots of living space, starting with each unit’s unique and ultra-spacious three-level layout.

Living more like a townhome than a

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Oak Cliff Film Festival - Image Credit: https://www.flickr.com/photos/seanpanderson/14743158192

Oak Cliff Film Festival is returning this summer for the fourth year in a row. It’s all about independent films and is taking place in the obvious choice of the Bishop Arts District along with some of the city’s most historic movie theaters. It’s a festival that wants to highlight the very best of Oak Cliff’s theater venues, popular restaurants and bars of the arts district.

It’s run by the Aviation Cinemas team after taking over from Texas Theatre in December of 2010. If you want to be a part of the festival that has DFW talking, here is a look at the upcoming festival details.

About Oak Cliff Film Festival

The goal of the festival is to showcase the best of independent film and brave film making of all kinds for Oak Cliff, Dallas, Denton,

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Breakfast - Image Credit: http://pixabay.com/en/users/Unsplash-242387/

Looking for a delicious breakfast sandwich in DFW? When you’re on the go and in need of something quick and delicious for breakfast, you need to know the best places to easily get one. Who has time to cook breakfast before work? Don’t worry about making a mess in the kitchen and instead, start your day off with a delicious burger, bagel, taco or donut breakfast at these top stops in DFW.

EatZi’s Market & Bakery – 5967 West Parker Road, Plano

In Plano you can find the EatZi’s Market & Bakery featuring ready-made gourmet options and customized sandwiches. When you’re hungry, just stop in for a grilled breakfast sandwich like the bacon and egg croissants. Try the waffles, omelets or a breakfast burrito filled with bacon, scrambled eggs and spicy

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Dining

Stephan Pyles Restaurant is Dallas’ favorite downtown Southwestern restaurant. It’s located at 1807 Ross Avenue in Suite 200 in downtown Dallas and was considered one of the 100 best restaurants in 2013 by DMagazine. It’s top-notch service in a stunning dining room with creative cuisine which makes this a popular choice for lunch or dinner.

Chef Pyles was also DMagazine’s Readers Choice for Best Chef last year and the restaurant is remembered for their specialty dishes like the coriander-rubbed lamb chops, the whole fish scented with fennel and the Hell Cake dessert. Here is a look at Pyles’ Southwestern cuisine creations at the Stephan Pyles Restaurant in Dallas.

What to expect

The restaurant is open all week except Sundays. Stop in for

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Shakespeare in the Park - Image Credit: http://en.wikipedia.org/wiki/File:Shakespeare_in_Clark_Park.jpg

Shakespeare in the Park is North Texas’ chance to experience Shakespeare in a beautiful, casual park setting for all ages to enjoy. Located in Dallas, the organization opened in 1971 with a mission to provide residents a unique opportunity to experience Shakespeare and other cultural and educational programs.

It’s a non-profit organization in Dallas that started the theater group and it’s the only North Texas produce of educational programs dedicated to teaching the works of William Shakespeare. Here is a look at what you’ll experience when you watch Shakespeare in the Park.

About the organization

The mission of Shakespeare in the Park is to create cultural programs for educational purposes in North Texas that are not only affordable to enjoy

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